Topic “Volvo” — Exporter Magazine

In August, Zhejiang Geely Holding Group Co completed its takeover of Swedish carmaker Volvo Car Corporation. And late last month Shanghai-based Bright Food (Group) Co Ltd emerged as the frontrunner to acquire United Biscuits, the UK biscuit maker currently owned by private equity firms. Chinese car maker Geely Holdings Group Co. Ltd. said it has completed its USD1.8 billion (MZ$2.45 billion) buyout of Ford Motor Co.’s Volvo unit, in a landmark foreign acquisition by a Chinese company.