BRIEF-Geely Automobile Updates On Proposed Transaction Between Zhejiang Geely Holding & Volvo Car Corp

Reuters

8 October 2019 at 6:44 am

Oct 8 (Reuters) - Geely Automobile Holdings Ltd:

* ZHEJIANG GEELY HOLDING GROUP & VOLVO CAR CORP INTEND TO MERGE THEIR EXISTING COMBUSTION ENGINE OPERATIONS INTO STAND-ALONE BUSINESS

* CLARIFIES CO IS NOT A PARTY TO PROPOSED TRANSACTION & IS NOT PARTNERING WITH GEELY HOLDING OR VOLVO CARS ON TRANSACTION

* CO DOES NOT RULE OUT POSSIBILITY OF EXPLORING POTENTIAL COOPERATION OPPORTUNITIES WITH MERGED UNIT OF IN FUTURE Source text for Eikon: Further company coverage:

People
“Call Her Daddy'”s Alex Cooper Models Her Wedding Night Lingerie in Instagram Reveal: See the Racy Look
Cooper wore a sexy lacy bodysuit from SKIMS' Wedding Shop collection after marrying Matt Kaplan in Mexico
5 hours ago
The Telegraph
Horse trainer accused of rape and murder found dead at home
A horse trainer who was accused of the murder and rape of a showjumper he was in an “illicit relationship” with has been found dead before the second day of his trial was set to begin.
6 hours ago
The Telegraph
Trump is taking a first step towards war with China
If, as appears more likely than not, Donald Trump returns to the White House come January 20 2025, China will become America’s unmatched foreign policy priority. But the happy days of Trump’s red-carpet fetes in Beijing are long forgotten.
a day ago
The Telegraph
Satellite images show Iran tried to cover up impact of Israeli missile strike
Iran replaced a destroyed radar installation within hours of an Israeli strike on an air base last week in an attempt to make it appear as though the damage had been minimal, it has been claimed.
7 hours ago
The Telegraph
The five horrible defensive mistakes that derailed Liverpool’s title bid
When you are fighting to stay in the title race and need a win at the home of your city rivals, you cannot get away with the calamitous defending that gifted Everton the lead against Liverpool.
6 hours ago
People
Kim Kardashian Reveals the Viral SKIMS Nipple Bra Was Modeled After Her Own Breasts
The bra was first released in October 2023
a day ago
The Telegraph
Hezbollah launches deepest ever attack inside Israel
Hezbollah has launched a series of drone strikes against Israeli military bases, in its deepest attack inside Israel since the start of the war in Gaza.
2 days ago
The Telegraph
Ukraine has only six months left
Last summer there were high expectations that Ukraine’s major counter offensive would succeed in driving Russian forces back, setting the stage for victory. That didn’t happen; instead the offensive faltered and gained little ground. This failure can be laid squarely at the feet of Western refusal to supply adequate military aid. The result was a silent backlash in domestic politics both sides of the Atlantic, which undoubtedly contributed to the US president’s failure to get a further aid packa
a day ago
BANG Showbiz
Megan Thee Stallion being sued for ‘forcing cameraman watch her having lesbian sex!’
In a suit being brought by her ex-cameraman, Megan Thee Stallion is being sued for allegedly creating a hostile work environment and forcing her former videographer to watch her having lesbian sex.
a day ago
Evening Standard
Mauricio Pochettino calls on Chelsea owners to make ruthless decisions
The Blues boss has questioned the club’s strategy for the first time
18 hours ago
Bloomberg
Sea billionaire’s wife to buy Singapore mansion for $31 million
The wife of tech billionaire Forrest Li is set to acquire a mansion in one of Singapore’s most coveted residential areas, even as the luxury property market remains in a lull.
2 days ago
People
Christy Turlington Says Her Son's Rival Basketball Team Heckled Him by Passing Around Her Nude Photos
The supermodel is mom to son Finn, 18, and daughter Grace, 20, whom she shares with husband Edward Burns
8 hours ago
People
Florida Man Runs Over 11-Foot Alligator with Truck to Save Neighbor from Attack
"We pulled over and I got out of the car and saw that an alligator had him by the leg," Walter Rudder recalled to a local news outlet about the scary incident
23 hours ago
SETHLUI.COM
Aunty Lily Kitchen: Indonesian-Peranakan stall with delights like gado gado, handmade otah & Nyonya kueh
The post Aunty Lily Kitchen: Indonesian-Peranakan stall with delights like gado gado, handmade otah & Nyonya kueh appeared first on SETHLUI.com.
2 days ago
People
Kourtney Kardashian's Sexy Bikini Photo from Her 45th Birthday Leaves Husband Travis Barker Melting
Kardashian enjoyed a vacation in paradise with her husband and four kids in honor of "45 trips around the sun"
a day ago
The Telegraph
Jamie Vardy’s Leicester fairy tale is nearing its end – the question is what is next?
As Leicester City close in on an immediate return to the Premier League, the uncomfortable question looms large: is this the end of the fairy tale for Jamie Vardy?
2 days ago
Evening Standard
Nicolas Jackson avoids red card for Takehiro Tomiyasu foul in 'one of worst referee decisions of season'
The Chelsea striker was not even booked for catching the Arsenal defender’s ankle
a day ago
Reuters
TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere'
WASHINGTON (Reuters) -TikTok's chief executive said on Wednesday the social media company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban its popular short video app used by 170 million Americans. "Rest assured - we aren't going anywhere," CEO Shou Zi Chew said in a video posted moments after Biden signed the bill that gives China-based ByteDance 270 days to divest TikTok's U.S. assets or face a ban. Biden's signing sets a Jan. 19 deadline for a sale - one day before his term is set to expire - but he could extend the deadline by three months if he determines ByteDance is making progress.
12 hours ago
The Smart Investor
Share Prices of These 4 Singapore Blue-Chip Stocks Are at 52-Week Lows: Can They Recover?
With these four blue-chip stocks hovering at a year-low, investors could be looking at potential bargains. The post Share Prices of These 4 Singapore Blue-Chip Stocks Are at 52-Week Lows: Can They Recover? appeared first on The Smart Investor.
2 days ago
SETHLUI.COM
10 best makan places in Toppen Shopping Centre
The post 10 best makan places in Toppen Shopping Centre appeared first on SETHLUI.com.
20 hours ago

Latest stories