Random collection of thoughts on Mergers and Acquisitions, Finance, Real Estate, and Auto from an ex-banker.
Sunday, August 8, 2010
Transaction complete. Geely now owns Volvo.
In case it wasn't obvious enough from the video above, Geely is an entry-level (translation: cheap) manufacturer in China. Let's hope Volvo helps up the quality of Geely without Geely deteriorating the quality of Volvo.
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