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

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

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  1. Pingback: Report: Saab dealers stumping up $24M in unsolicited funds to make … | autokinesis.com

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