At least one big proposed deal appears closer to completion. Ford Motor Co. says today it is close to finalizing the sale of its Volvo Car operations to China’s Zhejiang Geely Holding Group Co. Ltd., having settled “all substantive commercial terms” relating to the proposed transaction. Something still could go wrong, as final documentation, financing and government approvals await. But Ford says a definitive agreement could be reached in first-quarter 2010, with a final closing ...
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