Volvo Cars, Geely Automobile consider combining businesses

News
M&A

Two companies will set up a joint working group to prepare a proposal to their respective boards

Volvo Cars and Geely Automobile Holdings are considering combining their businesses to create a strong global group, the Sweden-based carmaker announced in a press release on 10 February. The two companies will set up a joint working group to prepare a proposal to their respective boards.

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