Saab receivers in talks

Add to My Stories Print page Add to Favourites

The receivers at Swedish car maker Saab are in talks with several potential buyers but have not yet received any formal offer. The receivers prefer to sell Saab as a whole.

 

“We have had discussions with a number of interested parties. Some of them are interested in the factory as a whole and some of them are interested in parts of it,” Hans Bergvist, one of the receivers, said.

 

“There have been no formal bids,” added fellow receiver Anne-Marie Pouteaux.

 

Saab was declared bankrupt in December after frantic rescue efforts by its former owner, Swedish Automobile.

 

Chinese group Zhejiang Youngman Lotus Automobile could make a fresh bid in the coming week, sources have told Reuters.

You are using a Trial account

Thank you for trying Acquisitions Daily. You have read out of 2 articles.

If you want to read more than 2 articles, please contact us below to discuss a subscription.

Subscription Enquiry


If you are outside of the UK, please add your international dial code, e.g +33.