Geely-Volvo deal financing totals $2.7 bln-sources

Newswire

* Deal involves $1.8 bln for takeover, $900 mln in capital * Mixture of Chinese and overseas funding sources * Takeover is a "game changer" - source By Michael Flaherty and Quentin Webb HONG KONG/LONDON, March 29 (Reuters) - China's Zhejiang Geely Holding Group has lined up total financing of $2.7 billion to back its purchase of Ford Motor's Volvo car unit, sources said on Monday. The extra $900 million above the reported purchase price will allow the Chinese auto maker to grow its ...

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