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Geely set to control London cabs

  • Source: Global Times
  • [08:10 March 18 2010]
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A TX4 cab at June's West-Taiwan-Strait auto show in Xiamen, Fujian Province. Britain's Manganese Bronze said it was mulling a placing to Geely Group at 70 pence ($1.05) per share to give the group a controlling stake, and planned to source bodies and chassis for TX4 from Shanghai rather than Coventry. Photo: CFP