Volvo Cars investing HK$2.59 billion (334 million USD) in the holding company. Ford Motor Company offered Volvo Cars for sale in December 2008, after suffering losses that year. On 28 October 2009, Ford confirmed that, after considering several offers, the preferred buyer of Volvo Cars was Zhejiang Geely Holding Group, the parent of Chinese motor manufacturer Geely Automobile. On 23 December 2009, Ford confirmed the terms of the sale to Geely had been settled. A definitive agreement was signed on 28 March 2010, for $1.8 billion. The European Commission and China's Ministry of Commerce approved the deal on 6 and 29 July
China Water Industry Group water business presence. Jinan Hongquan Water Production Co., Ltd was acquired by China Water Industry Group through the acquisition of Blue Mountain Hong Kong Group Limited on January 18, 2008. On August 12, 2008, China Water Industry Group acquired Plenty One Limited. On November 13, 2008, China Water Industry Group acquired a 51% interest in an existing 49% held associate, Danzhou Water Pipe. On March 27, 2009 Jining City Haiyuan Water Treatment Company Limited, an indirect subsidiary of China Water Industry Group, disposed all its asset and liabilities. China Water Industry Group China Water Industry Group Limited () () is