Official: Ford Completes Sale Of Volvo To Geely
May 5th, 2010
It’s official. Ford (NYSE: F) today announced the sale of Volvo and related assets to the Zhejiang Geely Holding Group Company Limited (Geely) was completed. The total purchase price for the Volvo and the assets contained in an agreement signed back in March was 1.8 billion U.S. dollars, including a $ 200 million note and [...]