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Feb
08

Report: Saab dealers stumping up $24M in unsolicited funds to make Spyker deal a reality

By admin

Filed under: Saab , Earnings/Financials Spyker’s deal to purchase General Motors’ ailing Saab division out of the throes of insolvency appears to be moving along quite nicely. Production of vehicles is underway, a plan is in place to launch critical new models and the European Union has approved of a European Investment Bank loan of 400 million-euros ($546 million) to Spyker. It would seem that the road to a successful acquisition is so sure that the executive committee of Saab dealers have made an unsolicited offer of $24 million dollars to help Spyker complete the deal.

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Report: Saab dealers stumping up $24M in unsolicited funds to make Spyker deal a reality

Categories : 1, 10, 2009, 2010, 5, 9-3, AF, Autoblog, BO, Ban, CC, EIB, ES, European investment bank, HeeremaHoldingCompany, IS, Ice, LED, LS, MA, New York Times, RM, RT, Saab Spyker Automobiles, SaabLoan, SaabSale, SaabSpyker, SaabSpykerAutomobiles, acquisition, app, book, breaking, bus, ces, convertible, cr, deal, dealer, dealers, europe, financial, financials, for, ge, general motors, gm, gs, gt, heerema, heerema holding company, i, lease, m, mg, mmi, models, new, new york, news, order, please, port, pr, production, purchase, r, rc, report, saab, saab loan, saab sale, saab spyker, spy, spyker, sv, ta, tag, tl, uc, vision

1 Comments

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Report: Saab dealers stumping up $24M in unsolicited funds to make … | autokinesis.com
February 8th, 2010 at 10:45 pm

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