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Jul 21, 2021 · Volvo Cars has signed an agreement with its parent Geely Holding to acquire Geely Holding’s stake in the companies’ joint ventures in China, with the aim of taking full ownership of its car manufacturing plants and sales operations in the country.
Aug 18, 2010 · What does the deal mean for not only China's fledgling automakers with global ambitions like Hong Kong-listed Geely, but also the car giants in developed countries, which are struggling to hang on to their former glory days? Can Geely succeed where previous cross-border mergers and acquisitions in the auto sector have stumbled? Management.
Feb 11, 2020 · Zhejiang Geely Holding owns Geely Automobile Holdings and Volvo, which it acquired for about US$1.8 billion. The merger will place five brands, including Chinese electric premium brand...
- Daniel Ren
Feb 11, 2020 · Back in 2010, Volvo was purchased from Ford by Zhejiang Geely Holding Group, Geely's parent company, in the wake of the auto industry crisis. After a decade of mostly hands-off management, Geely...
Oct 7, 2021 · Referring to a report by Global Times, an IPO could value Volvo at USD25 billion, which is significantly more than what it was worth in 2010 when Ford sold the Swedish automaker to Zhejiang...
Oct 4, 2021 · Volvo Cars, the Swedish automaker which is owned by China's Zhejiang Geely Holding Group Co, is reportedly finishing plans for an initial public offering (IPO) that could value the carmaker...
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Jul 21, 2021 · Volvo Cars, a sister company of Chinese car maker Geely Holding, to take full ownership of its car manufacturing plants and sales operations in China by acquiring Geely Holding's stake, in...
