Nation
Goldman fund to invest $250M in Geely: WSJ
2009-Sep-21 10:35:58
BEIJING: A Goldman Sachs Group private equity fund is investing about $250 million in Chinese carmaker Geely Automobile, a move that could free up capital for Geely's parent to bid on Ford's Volvo unit, the Wall Street Journal reported, citing an unidentified source.
Goldman Sachs Capital Partners' purchase of Geely convertible bonds and warrants would give it an unspecified minority stake in the carmaker, an investment that would be announced on Monday, the newspaper reported, citing a Geely executive.
Goldman Sachs and Geely officials on Sunday were not immediately available to comment on the report. Geely said earlier this month that its parent was considering a joint bid for Volvo with a local government-backed investment firm.
[Jump to ]
Nation | Biz | Comment | World | Celebrity | Odds | Sports | Travel | Health
m.chinadaily.com.cn
To subscribe to China Daily, call 010-64918763 or email to circu@chinadaily.com.cn
定边县|
满洲里市|
新乡市|
泉州市|
西丰县|
开原市|
弥勒县|
咸阳市|
屯昌县|
利辛县|
永丰县|
芜湖县|
房山区|
崇义县|
双桥区|
兴国县|
泰和县|
忻城县|
阿坝|
万荣县|
宁都县|
大英县|
泽普县|
阿瓦提县|
莱州市|
建德市|
乌兰浩特市|
霍城县|
思南县|
阆中市|
禹州市|
乌苏市|
湖北省|
禄劝|
汤阴县|
宁明县|
敦煌市|
呼和浩特市|
宁阳县|
云霄县|
象州县|