Tuesday, December 8, 2009

Swedish Bidder Looks to Volvo

Sweden's Jakob Consortium is ready to make a bid for Volvo and has already informed Ford that they are ready to submit a financed bid for the auto maker.

This would be the third bid submitted for Volvo. Zhejiang Geely Holding Group of China and Crown consortium of the United States have already made offers. Geely has offered $1.8 billion.

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