A Case Study of the Acquisition of Swedish Volvo by ...
Cars, owned by Ford at that time, was sold to the Chinese unknown Geely which makes low-cost cars. • On October 28, 2009, Geely was named as the preferred buyer of Volvo Cars by Ford. • On December 23, 2009, all substantive commercial terms were finalized for the sale of Volvo Cars from Ford to Geely, after a long and difficult negotiation. ................
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