Geely Automobile

Goldman Sachs PE fund to invest $250m in Geely Automobile

Goldman Sachs PE fund to invest $250m in Geely Automobile

A private equity fund managed by Goldman Sachs has plans to invest as much as $250 million in Geely Automobile, as per a media report.

Hong Kong-listed Geely Automobile is the arm of Chinese auto-manufacturer Geely Holding Group.

The deal could free up capital for Geely Automobile's parent company to make a bid for Ford Motor's Volvo unit.

Latest News

Keith Martin Breaks Guinness World Record of Fattest Man
Six Months Old Toddlers Understand Basic Communication
Public Place Smoking Ban Reduces Home Smoking Habit
‘Father of Paediatric Gastroenterology’ Appealing To High Court for Justice
BMA Working towards Decreasing Waiting List Patients seeking Organ Transplant
Senior Doctor Accused Of Sexually Assaulting Nurses
5000 Leprosy Cases Identified in Western Pacific
Genome Sequence Helps in Determining Breeding Crocs
India-EU Tug of War Continues
The New Electric Cheque
Google to Modernize its Networking Sites
Brothers Turn Blind Because of Leber's Optic Neuropathy
Syndicate content