Goldman Sachs PE fund to invest $250m in Geely Automobile
Submitted by Harkamal Singh on Sun, 09/20/2009 - 08:40A 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.












