Revised Volvo pact better serves investors, Geely says

(Kim Kyung Hoon/REUTERS)

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By:

Bloomberg

February 25, 2021 06:17 AM

Geely Automobile CEO Gui Shengyue talked up the decision not to pursue a full merger with Volvo Cars, saying on an investor call that shareholders’ interests are better served if the two companies remain as standalone entities.

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