UPDATE 1-Geely confident on Volvo bid -chairman

Newswire

* Chairman confident on bid * Talks still at early phase, Geely 'taking its time' * Geely heads bid consortium that includes foreign banks * Geely seeking path onto world stage (Adds chairman's quotes; background) SHANGHAI, Oct 30 (Reuters) - The parent company of Geely Automobile is confident on a bid for Ford Motor's Volvo car unit, which it is discussing as head of a consortium that includes both domestic and foreign banks, chairman Li Sufu said on Friday. Li told Reuters on the ...

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