Saab Still Alive, Spyker Continues Takeover 480x280

Ok there we go again. Swedish national papers have reported that Spyker is still trying to fix the purchase of Saab. A total of thirteen points were addressed over the past two days. They are no obstruction for the takeover anymore. GM and Spyker say they are now working on a final solution before the deadline:

GM’s statement:

Following Friday’s announcement that GM will begin the orderly wind down of Saab, GM has received inquiries from several parties. We will evaluate each inquiry. We will not comment further until these evaluations have been completed.

Spyker’s statement:

We have made every effort to resolve the issues that were preventing the conclusion of this matter and we have asked GM and all other involved parties to seriously consider this offer. We are very confident that our renewed offer will remove the impasse that was standing in the way of an agreement on Friday, and this would still allow us to conclude the deal prior to the expiry of the deadline originally set by GM of December 31st.

They have until tomorrow evening 23:00 GMT to solve every obstruction. So that leaves us with one final question is Saab staying alive or is the end nearby?

There are no comments

Your email address will not be published. Required fields are marked *