Ford Anticipates Definitive Sales Agreement with Geely for Volvo in 1Q 2010
Green Car Congress
DECEMBER 23, 2009
While some work still remains to be completed before signing—including final documentation, financing and government approvals—Ford and Geely anticipate that a definitive sale agreement will be signed in the first quarter of 2010, with closing of the sale likely to occur in the second quarter 2010, subject to appropriate regulatory approvals.
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