FROM BLOOMBERG: Labor leaders at Volvo Cars will today press China’s Zhejiang Geely Holding Group to disclose where it’s getting the financial backing for a bid to buy the Swedish carmaker from Ford Motor Co.
The meeting will be attended by Geely Chairman Li Shufu, billionaire founder of Geely Automobile Holdings Ltd., China’s biggest private automaker, which has said it’s not directly involved in the bid. Li briefed Swedish government officials on Nov. 17 and will meet with Ford and Volvo managers this week. MORE>
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