Premier Automotive Group preferred buyer of Volvo Cars by Ford. On 23 December 2009, Ford confirmed that all substantive commercial terms for the sale to Geely had been settled. Geely signed a deal with Ford to acquire Volvo Cars for $1.8 billion on 28 March 2010 and closed the deal on 2 August 2010. <ref name="www.ford.com/about-ford/news-announcements"></ref> Premier Automotive Group The Premier Automotive Group (PAG) was an organizational division within the Ford Motor Company formed in 1999 to oversee the business operations of Ford's high-end automotive marques. The PAG was gradually dismantled from 2006 to 2010 with the divestiture of its constituent brands. The
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