process‚ the Chinese car group Geely bought luxury car brand‚ Volvo. The Volvo car brand had been bought over by Ford Motor Company in 1999 for $6.45 billion. After the profits targets were not being met by Volvo‚ Ford decided to sell the Volvo cars brand. The transaction between Ford and Geely cost $1.8 billion holding 100% in the shares and inclusive of all assets. (Zheng & Shi 2013) This overseas transaction was the largest acquisition recorded for a Chinese company. Geely made the step into merging
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China’s Foreign Investment Analysis Case Study of Geely Acquired Volvo Zhang Huihui Business Administration Bachelor’s Thesis Degree Programme International Business April 2012 SAVONIA UNIVERSITY OF APPLIED SCIENCES SAVONIA BUSINESS Degree Programme‚ option Degree Programme in International Business Author(s) Zhang Huihui Title of study China’s Foreign Direct Investment Analysis Case Study of Geely’s acquisition of Volvo Car Type of project Date Pages Thesis
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Introduction After a one-year long and difficult negotiation‚ on March28 2010‚ the China Geely Group went where no Chinese auto firm has gone before‚ buying a luxury car brand‚ Volvo‚ for $1.8billion from Ford‚ including the 100% shareholder and the relevant assets. It was China’s largest overseas automotive industry acquisition‚ which was also the first wholly-owned merger. Besides‚ it was the first time for a Chinese own brand to merge a luxury brand. This deal proved to be a most ambitious action
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Case study: How Geely waited for Volvo By Pedro Nueno and Gary Liu The story. Li Shufu‚ founder of Chinese automotive maker Geely Group‚ had long wanted his company to buy Volvo‚ the Swedish carmaker. Volvo would provide the innovation‚ branding and technology needed to propel Geely in particular and China’s auto industry in general‚ into global markets. The financial crisis of 2008‚ and the big losses suffered by the US auto industry‚ gave Mr Li an opportunity that was‚ in his words‚ like “a
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GEELY’s ACQUISITION of VOLVO 1. Introduction to the Case This Case is about * The Automotive Industry of China * The acquisition of “Volvo” by “Geely” (a Chinese firm) * Geely is an automotive company in China‚ which was engaged in producing non-luxury cars for its local market in the country since 1998. * Li Shufu was the founder of the company‚ who was basically a poet and has a philosophical attitude towards life. * The time of the case is year 2010. 2. Situational
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STUDY OF MERGERS AND ACQUISITIONS BY ANALYSING THE DEAL BETWEEN GEELY HOLDINGS AND VOLVO CARS 11/23/2013 Group: 06 TABLE OF CONTENTS TOC \o "1-4" \h \z \u 1.EXECUTIVE SUMMARY PAGEREF _Toc350291717 \h 22.INTRODUCTION PAGEREF _Toc350291718 \h 23.DESCRIPTION OF GEELY AND VOLVO AS INDIVIDUAL COMPANIES PAGEREF _Toc350291719 \h 33.1 Geely Holdings PAGEREF _Toc350291720 \h 33.2 Volvo Car Corporation PAGEREF _Toc350291721 \h 34.MOTIVATION FOR THE DEAL PAGEREF _Toc350291722 \h 35. ESSENTIAL TESTS
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GEELY Company Executive Summary Overview Mission and Vision Current state Motivation for going international Challenges in internationalization Positive and negative bring by internationalization Considerations Recommendation Reference List Overview Background Geely Holding Company is a Chinese automotive manufacturing company‚ which headquartered in Hangzhou‚ China. The company was established in the year 1986 by the founder named Li Shufu. The company major in manufacturing automobiles‚ motorcycles
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International Business Environment Analysis for Geely plc. 1 International Business Environment II Module title: International Business Environment (P13KL9) Module convener: Lei Li Title: Critical Analysis of International Business Environment in UK and Malaysia : A Project of Geely plc‘s Foreign Expansion Group Name List GROUP NO. ID NO. 6501184 6501425 6501559 6501825 6501972 6500420 6501843 NAME Chen Yiduo Wang Hao Yin Xiaoyun Wang Zheng Zhu Weixing Zhu Leizhen Wu Gaoying
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BI 4242 Global Strategic Management Case Analysis: Volvo Trucks Submitted to: A. Pattana Boonchoo Group: Synergy |442-5178 |Long |Pham Duy | |451-0450 |Patthamawadi |Sirirak | |451-1930 |Krongkan |Boonkerd | |451-8887 |Yi Hao |Chiang | |452-0088 |Yu Ching |Chang | |452-5124
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MARKETING DYNAMICS OF SUB VOLVO SEGMENT SUMMER INTERNSHIP REPORT A report submitted in partial fulfilment of the requirement for the Bachelors Degree in Business Administration course of Amity University Submitted by Divjot Singh chhatwal (A3906411194) Under the Guidance and Support of Mrs. Aditi Batheja Faculty (Amity School Of Business) AMITY SCHOOL OF BUSINESS AMITY UNIVERISTY NOIDA UTTAR PRADESH ACKNOWLEDMENT I would like to express my special
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