- Geely seeks $1b in bank loans for Volvo bid
- Geely, the Chinese carmaker picked as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid.
- Geely says Volvo will retain IPR in purchase deal
- China's Geely Holding Group said Friday it was having a detailed and in-depth discussion with Ford over relevant terms and contracts about acquiring Volvo.
- Geely faces risks, hurdles in Volvo bid
- The bid by Geely Holdings Group to buy Swedish luxury car brand Volvo from Ford Motor Corp is seen as a risky move for the Chinese car maker and several hurdles lie ahead, according to analysts.
- Ford favors Geely for Volvo deal
- Ford Motor has named Geely of China as the preferred bidder for its Swedish unit Volvo. The possible sale price has not been disclosed.
- Geely confirmed to bid for Volvo
- China's Geely Automobile on Wednesday have been confirmed as preferred bidder in the ongoing discussions concerning the possible sale of Volvo Car Corporation.