STOCKHOLM: A group of Chinese and Japanese investors have submitted an offer to take over bankrupt Swedish carmaker Saab, a spokesman said on Thursday.
Showing posts with label carmaker Saab. Show all posts
Showing posts with label carmaker Saab. Show all posts
November 01, 2011
Saab story getting happy ending?
An 11th-hour offer by Chinese investors to buy Swedish Automobile, the parent of Sweden's ailing Saab, apparently will keep the automaker from possible liquidation.
September 08, 2011
Saab bankruptcy likely 'in days'
The carmaker Saab's application for protection from its creditors to help it avoid being pushed into bankruptcy has been rejected by a Swedish court.
In response, Swedish trade unions said they could demand that Saab be declared bankrupt within days.
Saab had applied for protection while trying to secure additional funding.
In response, Swedish trade unions said they could demand that Saab be declared bankrupt within days.
Saab had applied for protection while trying to secure additional funding.
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