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Saab sale: Heralded the last round in the struggle for Saab

dpa
Saab sales
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In addition, two Swedish investors would also submit 'last-minute' offers, wrote the newspaper 'Dagens Industri'. At first, the Swedish Minister of Industry Jöran Hägglund did not want to say exactly who this is.


Spyker is confident

The Saab had the deadline for submitting or improving offers - Parent company General Motors 11.00 pm Central European Time on January 7th. Spyker boss Victor Muller was optimistic a few hours earlier. 'I think they will accept our second, more refined offer,' he said.

GM CEO Ed Whitacre had previously told journalists that the chances of a Saab sale were poor: 'We said' Come on with the money and you can have it 'but they didn't have any money.' GM had announced the liquidation of Saab if no buyer could be found by the end of 2009, but then extended the deadline for a final decision. As a GM subsidiary, Saab has almost consistently incurred losses over the past 20 years.

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