China's Geely says eyes equipment from bankrupt Rover

Newswire

HONG KONG, June 21 (Reuters) - China's Geely Automobile Holdings Ltd. said on Tuesday that it was in talks to buy equipment from collapsed UK manufacturer MG Rover, but said it has no plans to acquire the whole company. Geely said that in the past it had held talks towards cooperation with Rover before another Chinese car maker, Shanghai Automotive Industry Corp. (SAIC), held rescue talks for the 100-year-old firm that ultimately failed. Rover collapsed in April. "There is a ...

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