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BRIEF-Geely Automobile says not partnering with Zhejiang Geely Holding on deal with DRB-HICOM Bhd
May 24, 2017 / 8:57 AM / 2 months ago

BRIEF-Geely Automobile says not partnering with Zhejiang Geely Holding on deal with DRB-HICOM Bhd

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May 24 (Reuters) - Geely Automobile Holdings Ltd

* Noted press release made by Zhejiang Geely Holding Group on 24 May that it has reached a binding heads of agreement with DRB-Hicom

* Clarifies it is not partnering with Geely Holding or providing financing to Geely Holding in relation to proposed transactions

* Clarifies and confirms that it is not a party to proposed transactions

* Company does not rule out possibility of exploring potential cooperation opportunities with Proton and/or Lotus Source text for Eikon: Further company coverage:

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