May 18, 2012

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Youngman bids for Saab

Chinese carmaker Zhejiang Youngman Lotus Automobile has made a 3 billion crowns ($ 446 million) offer for bankrupt Swedish group Saab which has drawn a cool response from receivers. The receivers want bids for parts of Saab rather than the whole business as that would raise more for creditors, the source said. Saab was declared bankrupt [...]

Youngman bids for Saab is a post from: Sweden in One

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