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Entries tagged "Volvo"Large-cap auctions heat upDespite a quiet week for new listings, later-stage auctions saw plenty of action. ADIC hires Rothschild banker for M&A uptickExpecting the global economic crisis to prompt a spate of mergers and acquisitions, Abu Dhabi Investment Co. hired Rothschild's Alex Carré de Malberg as head of investment banking to lead its advisory business for M&A and capital-raising.Malberg spent a decade at Rothschild and had set up its operations in the United Arab Emirates. ADIC said it will build a team to give advice on cross-border investment. In a statement, Malberg said, "There are certain pockets of liquidity, particularly in Saudi Arabia and in the U.A.E., that are likely to perform an important role. For example, they are well placed... Rumor: Geely Automobile interested in buying VolvoAdd another Chinese automaker to the growing list of rumored bidders for Ford Motor Co.'s controlling stake in Volvo Cars AB. ... Ford execs say things are looking upIn contrast to the steady stream of doom and gloom coming out of Detroit in recent months, Ford Motor Co. executives had a relatively cheery outlook when talking to reporters Tuesday at a company event. ... Swedish bailout could drive interest in Volvo, Saab auctionsThe government bailout of the auto industry is complete! The Swedish government bailout, anyway.... Volvo to the Chinese? Not so fastIs Ford Motor Co. really nearing a deal to sell its Volvo Cars AB stake to a Chinese automaker? Auto sources in Detroit say "not so fast." ... New rumor links Volvo to BMWWith Detroit's Big Three scrambling to raise cash and weather what is expected to be a prolonged sales slowdown, it is probably no surprise that a fresh rumor has emerged about Ford Motor Co. potentially selling its Volvo Cars Corp. subsidiary. The latest report comes from London's Sunday Times, which quotes unnamed senior car industry sources saying that Ford might sell Volvo to BMW AG as part of its drive to raise cash. ... Add China's Chery to the list of Volvo suitorsFor a brand that its owners, Ford Motor Co., insist is not for sale, Volvo Car Corp. sure has a lot of suitors.... Report: Ford held Volvo sale talks with RenaultEven as Ford Motor Co. was seeking buyers last year for Jaguar, Land Rover and Aston Martin, the automaker insisted its Volvo unit was not for sale. But according to reports, the Dearborn, Mich., company was at least willing to listen to offers for the Swedish carmaker.... Daimler not driving toward a big dealFresh off its divorce from Chrysler LLC, German automaker Daimler AG insists it is not looking to jump into a new relationship anytime soon.... Despite the media, don't expect Ford to sell Volvo soonEighteen months can seem like an eternity in the auto business. In fact, it was about 18 months ago when rumors first surfaced that Ford Motor Co. could sell its ailing Volvo unit as part of the U.S. automaker's recovery plan.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Volvo." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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