European Investment Bank blocks Vladimir Antonov from investing in Saab
Saab’s troubles are far from over. A few days ago, Saab said that it doesn’t have the cash to pay some of its workers’ salaries and now, it was revealed that Russian businessman Vladimir... Read more
European Investment Bank approves Saab’s request to sell part of property unit
The European Investment Bank has given its approval to a request made by Swedish Automobile NV (formerly known as Spyker Cars NV) to sell a portion of Saab's property to a consortium of... Read more
Saab may still require aid from Swedish government
According to a Swedish minister Saab may still require loan guarantees from the Swedish government in spite of its impending takeover by Koenigsegg. This is because the government is... Read more
European Investment Bank grants Saab a EUR400 million loan
After weeks of talks, the European Investment Bank granted Saab a EUR400 million ($599 million) loan, bringing Koenigsegg closer to its target of acquiring Saab. In an interview with... Read more
Shareholders in Spyker approved the $74 million purchase of Saab
The $74 million purchase by Spyker Cars NV of Saab from General Motors Co. has been approved by Spyker's shareholders two weeks after the deal was made a couple of weeks ago. Spyker's... Read more
Saab won EU regulatory approval for a state guarantee of a EUR400 million loan
Saab received a state guarantee of a 400 million euros ($546 million) European Investment Bank loan, which is said to be the key to its sale to Spyker Cars. The EU regulatory approval... Read more
Report: EU says will review Saab loan guarantee a.s.a.p.
A review of the Swedish authorities' plan to guarantee a 400 million euro ($562 million) European Investment Bank loan to Saab will be made as soon as possible, according to European... Read more
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