UPDATE 1-No deal yet for UK cab firm on Geely placing

Newswire

* Says placing process taking longer than expected * Pretax loss 4.88 mln stg vs 0.64 mln stg loss (Adds details) LONDON, July 30 (Reuters) - London black taxi firm Manganese Bronze said it was still in placing talks with China's Geely Automobile and was unlikely to make a profit in the second half. Manganese is looking for funding and has been holding discussions since March on placing 20 million shares with Geely, whose privately-held parent is in the process of buying Volvo from ...

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