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HONG KONG, July 29 — The parent of China’s Geely Automobile was approved by China’s regulator to buy Ford’s Volvo unit, Bloomberg reported today, clearing one of the last remaining hurdles to the high-profile deal.Shares of Geely Automobile jumped 11 per cent today, after Reuters and other media, citing unnamed sources, reported the company’s ... Read more at http://www.themalaysianinsider.com/business/article/china-commerce-ministry-oks-geelys-volvo-buy/