Vladimir Antonov wants in Spyker-Saab deal, despite being ousted

Article by Christian A., on August 26, 2010

Despite being ousted from a deal by Spyker to purchase Saab from General Motors Co., Russian investor Vladimir Antonov insists that he is still lending to Spyker and that he will continue to be a co-owner/shareholder of the Spyker-Saab group.

Last Friday, Antonov revealed that he had asked that a private investigation be opened that aims to clear his name. The results of the probe would then be sent to GM to convince the carmaker to include him in the deal.

Antonov said that he has chosen to make a stand against what the media have said by getting a "large and globally renowned investigation agency, which has former FBI and CIA agents among its employees."

The report is due in 2 or 3 weeks. The agency will be investigating if he or his family has any criminal links and will be issuing assessments supported by documents.

The contents of this report will be given to all who participated in the transaction and to the press as well. Dutch investors group VEB has complained about the secrecy surrounding the financing and structure of deal to purchase Saab, in which Spyker CEO Victor Muller bought 29% in Spyker from Antonov's Convers Group.

Antonov will be providing Muller's company Tenaci with loans for around $100 million. So far, $25 million had already been disbursed. The loans to Tenaci are said to be a part of a broader scheme by Spyker to buy Saab. [source autonews]

If you liked the article, share on:

Topics: saab, spyker

Comments

Recommended

November 17 is considered a very special day for Tesla, as this is the day that they revealed the highly anticipated Tesla Semi. But Elon Musk did not think the...
by - November 17, 2017
More details have emerged about the new sixth generation of the BMW M3 just as the German premium practically announced the end of the current-gen 3 Series with the unveiling...
by - November 17, 2017
All is set for Volkswagen’s plans to enter the electric vehicle game, as prompted by the so-called Dieselgate scandal. In fact, the German carmaker has already made a commitment to...
by - November 17, 2017
As BMW has already revealed, the next generation of the BMW M5 (F90) is a four-wheel drive high-performance sedan with overwhelming power output and torque at its disposal. However, it...
by - November 17, 2017
McLaren unveiled a one-off Gold - on - Black 720S at the 2017 Dubai Motor Show which will be on display throughout the entire stretch of this week’s event. The...
by - November 16, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries