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 DisqusLatest Headlines in Business
- 1. US unemployment drops further, but figures disappoint
- 2. Japan stocks down as euro debt outweighs positive US data
- 3. Iraq resumes oil flow after pipeline blast in Turkey
- 4. Spanish bond auction lifts eurozone worries, sinks Japan stocks
- 5. ECB holds rates, rules out early exit from emergency measures
Older Talkback
