Daily News |

The European Commission approves acquisition of Volvo by Ford Motor by Chinese carmaker Geely Holding Group and the group of public investment Daqing.

The European Commission said in a statement that after investigation the transaction does not have significant problems of competition.

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• Orpea buys more than 4,000 beds
• Saic expects a 140% increase in earnings over nine months
• Axa PE would like, with 5%, enter the board of the Club Med