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EIB negotiations on hold between Volvo Cars and the Government
http://www.forbes.com/feeds/afx/2009...fx6390601.html
EIB negotiations on hold between Volvo Cars and the Government
Following extensive discussions, Volvo Car Corporation and the Swedish Government have agreed to put on hold their negotiations for a state guarantee of loans to Volvo Cars from the European Investment Bank. Volvo Cars and the Government have reached this position jointly, principally in consideration of Ford's Strategic Review which could lead to a sale of Volvo Cars.
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