Related News
Bid for maker of London black cabs
Source: Bloomberg News |
December 21, 2012, Friday
|
Print Edition
Print Edition
ZHEJIANG Geely Holding Group Co has submitted a bid to buy Manganese Bronze Holdings Plc, the maker of London's black cabs that's under creditor protection, sources said.
Zhejiang Geely, which owns Swedish automaker Volvo Cars, is offering to buy 80.03 percent of Manganese Bronze, one of the sources said, declining to say how much the company is offering for the stake. A purchase of the cab maker will help Zhejiang Geely, the closely held automaker headed by Li Shufu, speed up its overseas expansion. Geely Automobile Holdings Ltd, the Hong Kong-traded unit of Zhejiang Geely, owns 19.97 percent in the cab maker. The listed unit isn't involved in the bid, one source said.
Zhejiang Geely, which owns Swedish automaker Volvo Cars, is offering to buy 80.03 percent of Manganese Bronze, one of the sources said, declining to say how much the company is offering for the stake. A purchase of the cab maker will help Zhejiang Geely, the closely held automaker headed by Li Shufu, speed up its overseas expansion. Geely Automobile Holdings Ltd, the Hong Kong-traded unit of Zhejiang Geely, owns 19.97 percent in the cab maker. The listed unit isn't involved in the bid, one source said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
