Business News

Several groups interested in Saab, receiver says

Feb 14, 2012, 11:46 GMT

Stockholm - Six or seven groups have expressed interest in Swedish carmaker Saab, which filed for bankruptcy in December, a receiver handling the carmaker's bankruptcy estate said Tuesday.

Attorney Anne-Marie Pouteaux declined to name any of the potential groups, but said they included Swedish and foreign-based interests.

The receivers were aiming for an 'overall solution' that would comprise some form of car production at the Trollhattan plant, Pouteaux told reporters during a conference call.

Pouteaux said the receivers were unwilling to provide details 'due to commercial considerations.'

'We believe that a deal can be harmed if we are too open about what is going on,' she said.

Pouteaux was appointed on December 19, when the carmaker's Dutch owner, Swedish Automobile, filed for bankruptcy.

Swedish Automobile took over Saab from General Motors (GM) in 2010. GM still controls key technology used by Saab and maintains a say over any possible deals.

Read more about Saab



COMMENT

blog comments powered by Disqus

Latest Headlines in Business

Older Talkback

Follow Us

Follow M&C on Pinterest

Search

Custom Search

Also Check Out

Queen Elizabeth loves royal blunders

Queen Elizabeth loves royal blunders
Queen Elizabeth and Prince Philip find it hilarious when something goes wrong at royal events. ... more

David Hasselhoff: 'I am anti-Viagra'

David Hasselhoff: I am anti-Viagra
Former 'Baywatch' actor says he would like to die in bed with his girlfriend. ... more

Kanye West gives Kim Kardashian style tips

Kanye West gives Kim Kardashian style tips
Rapper wants the reality TV star to be more daring. ... more

Michelle Obama wishes she was Beyonce

Michelle Obama wishes she was Beyonce
First Lady of the United States would like the 'Love On Top' star's singing ability. ... more

Jeff Goldblum granted restraining order against stalker

Jeff Goldblum granted restraining order against stalker
Actor says the woman has been following him since 2001. ... more

Anne Hathaway ex deported from US

Anne Hathaway ex deported from US
Actress' former partner was sent back to Italy. ... more

Cheryl Cole performing at Queen's Jubilee

Cheryl Cole performing at Queens Jubilee
Girls Aloud member has not been listed on the line-up but will be a surprise guest. ... more

Lindsay Lohan's dad has stroke?

Lindsay Lohans dad has stroke?
Michael Lohan was rushed to hospital after experiencing pain at the gym. ... more

will.i.am sabotaged Jessie J on 'The Voice'

will.i.am sabotaged Jessie J on The Voice
Black Eyed Peas singer allegedly turned her microphone off. ... more

Rihanna: Cheryl Cole should replace Jennifer Lopez on 'American Idol'

Rihanna: Cheryl Cole should replace Jennifer Lopez on American Idol
'Where Have You Been' singer thinks former 'X Factor' judge would be great on rival show. ... more