UPDATE 1-Geely taps China banks to back Volvo deal -sources

Newswire

* Geely seeking at least $1 bln in loans - sources * Policy lender Exim Bank of China involved - sources * Geely's acquisition of Volvo seen worth $1.8 bln * Chinese private equity funds keen to support - sources (Adds quotes, loan details) By George Chen and Prudence Ho HONG KONG, Dec 1 (Reuters) - Geely, the Chinese carmaker tagged as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Geely taps China banks to back Volvo deal -sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 10, 2016
Video
WardsAuto

GM 3.6L V-6 -- 2016 Award Acceptance

General Motors accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×