Freshfields Bruckhaus Deringer has secured a lead role on China's Zhejiang Geely Holding's $1.8bn (£1.2bn) acquisition of Volvo from Ford Motor Company. The deal, which marks the first time a Chinese company has taken over a leading foreign carmaker, will give the loss-making Volvo brand an opportunity to turn its fortunes around.
March 29, 2010 at 07:02 AM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer has secured a lead role on China’s Zhejiang Geely Holding’s $1.8bn (£1.2bn) acquisition of Volvo from Ford Motor Company.
The deal, which marks the first time a Chinese company has taken over a leading foreign carmaker, will give the loss-making Volvo brand an opportunity to turn its fortunes around.
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