Genii Capital may get a larger stake in Lotus
To address rumors of a potential takeover by Genii Capital of Group, Lotus chief Dany Bahar further fueled the reports with his statement to Autocar. He said, “When we made the... Read more
Bernard Ecclestone confirms plans to bid for Saab
Formula One Chief Executive Officer Bernard Ecclestone has partnered with Genii Capital, a Luxembourg-based private-equity firm, to make a bid for Saab Automobile. In a telephone... Read more
Saab deal outcome will be clear very soon, says Spyker CEO
One of the hottest subject in the automotive industry is who will buy Saab, if GM decicides to abort the wind-down, of course. According to the latest reports, it appears that Spyker Cars... Read more
Ecclestone’s Genii Capital is still optimistic regarding Saab deal
General Motors Co. has given the reins of Saab's Trollhattan headquarters to a team of liquidators but even as the winding-down process is ongoing, investment firm Genii Capital remains... Read more
Report: Genii Capital has withdrawn its bid for Saab
According to the latest reports, it appears that Bernie Ecclestone's Genii Capital has withdrawn its bid for Saab, which means Spyker is the remaining bidder for the company. "Genii... Read more
Ecclestone’s Genii Capital submits a revised offer for Saab
"Financing is not an issue for this group," according to Lars Carlstrom, a spokesman for Genii Capital that submitted a revised offer to get the opportunity to buy Saab. Luxembourg-based... Read more
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