Edmunds' Inside Line reports that the deal with Chinese auto group Pang Da and Youngman Lotus Automobile in the acquisition of Saab has gone somewhat sour. According to Edmunds, the Chinese groups offered a "conditional offer" which Saab simply found unacceptable. The deal was meant to take over 100 percent of Saab Automobile, which would effectively have saved Saab from eventual financial meltdown.
Source: Edmunds Inside Line
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Saab creeping closer to death
Started by Elite_Deforce, Oct 24 2011 12:49 PM
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#1
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Posted 24 October 2011 - 12:49 PM
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Posted 26 October 2011 - 03:45 AM
quite a shame. whatever happened with Spyker?
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Posted 26 October 2011 - 04:23 PM
dr. joint, on 26 October 2011 - 03:45 AM, said:
quite a shame. whatever happened with Spyker?
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