UPDATE 1 — China approves Geely acquisition of 34% of Ford España
(Adds details of July announcement; paragraph 2) BEIJING, Oct 12 (Reuters) — China's market regulator has unconditionally approved Geely's acquisition of 34% of Ford Motor's Spanish subsidiary Ford España, it said on Monday. In July the companies said Geely would build two electric SUVs at Ford’s factory in Valencia, S