Cars
This is your daily news info about the current state of affairs of the ongoing saga that is the Svenska Aeroplan AktieBolaget restructuring story or, more accurately, your second Saab news story of the day.
- Saab’s Groundhog Day: Chinese Want 100%, Original Deal Is Off But Talks Will Continue
Not a day passes by without Some news from Saab. On Sunday, the parent company of Saab, Swedish Automobile N.V. (Swan), announced that, effective immediately, it terminates the subscription agreement of July 2011 with Pang Da and Youngman. The Chinese...
- Saab Responds To Media Reports, Says Deal With Pang Da Still On
Responding to recent media reports, Saab's parent company Swedish Automobile N.V. [Swan] issued a short statement saying the investment deal with China's Pang Da Automobile is still on the table. Pang Da Automobile had signed an agreement in...
- Swedish Court Rejects Saab's Reorganization Plan, Is This The End?
The (digital) ink on our story about Saab North America's hopes and dreams had barely dried when news came in that a Swedish court denied Saab Automobile's voluntary reorganization application that would have protected the company from its creditors,...
- Saab Denies Reports That It Is Seeking Court Protection - For Now
As the days go by without a viable solution to Saab's worsening financial problems, the closer the company gets to its breaking point. Today, Sweden's public radio (Sveriges Radio) ran a report citing unnamed sources that said Saab's parent...
- More Good News For Saab As Swedes Receive €25 Million Loan
Another day, another new story for Svenska Aeroplan Aktiebolaget –or, as you might know it, Saab. The Swedish company announced on Wednesday that it has entered a €25 million convertible bridge loan from Gemini Investment Fund Limited. ...
Cars
Saab Attempts an 11th Hour Rescue Deal Before Friday's Court Hearing
This is your daily news info about the current state of affairs of the ongoing saga that is the Svenska Aeroplan AktieBolaget restructuring story or, more accurately, your second Saab news story of the day.
In this latest chapter, Saab's parent company Swedish Automobile NV [Swan] said that it is “in intense final negotiations†with investors in order to secure its financing and, thus, avoid bankruptcy.
Read more »- Saab’s Groundhog Day: Chinese Want 100%, Original Deal Is Off But Talks Will Continue
Not a day passes by without Some news from Saab. On Sunday, the parent company of Saab, Swedish Automobile N.V. (Swan), announced that, effective immediately, it terminates the subscription agreement of July 2011 with Pang Da and Youngman. The Chinese...
- Saab Responds To Media Reports, Says Deal With Pang Da Still On
Responding to recent media reports, Saab's parent company Swedish Automobile N.V. [Swan] issued a short statement saying the investment deal with China's Pang Da Automobile is still on the table. Pang Da Automobile had signed an agreement in...
- Swedish Court Rejects Saab's Reorganization Plan, Is This The End?
The (digital) ink on our story about Saab North America's hopes and dreams had barely dried when news came in that a Swedish court denied Saab Automobile's voluntary reorganization application that would have protected the company from its creditors,...
- Saab Denies Reports That It Is Seeking Court Protection - For Now
As the days go by without a viable solution to Saab's worsening financial problems, the closer the company gets to its breaking point. Today, Sweden's public radio (Sveriges Radio) ran a report citing unnamed sources that said Saab's parent...
- More Good News For Saab As Swedes Receive €25 Million Loan
Another day, another new story for Svenska Aeroplan Aktiebolaget –or, as you might know it, Saab. The Swedish company announced on Wednesday that it has entered a €25 million convertible bridge loan from Gemini Investment Fund Limited. ...