Russo Says Geely's Purchase of Ford's Volvo Benefits All: Video - Bloomberg.com

Bloomberg.com , December 24, 2009

Dec. 24 (Bloomberg) -- Bill Russo, senior advisor at Booz and Company, talks with Bloomberg's Haslinda Amin about Geely Automobile Holdings Ltd.'s bid to buy Ford Motor Co.'s Volvo unit.

Ford and Zhejiang Geely Holding Group Co. agreed on most conditions for a sale of Sweden-based Volvo Car Corp. and plan to sign a definitive agreement by March 31, with a sale to be completed by June 30, the companies said in statements yesterday. No financial details were provided. (Source: Bloomberg)

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