Today, General Motors and Spyker Cars announced their binding agreement on the purchase of Saab Automobile AB. According to the agreement, Spyker will form a new company, which will carry the name Saab Spyker Automobiles. (more…)
Tag: Saab Automobile AB
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GM and Spyker Cars have agreed on Saab purchase
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GM and Koenigsegg Sign Stock Purchase Agreement for the Sale of Saab
General Motors Co. today confirmed it has signed a stock purchase agreement with Koenigsegg Group AB regarding the sale of 100% of the shares of Saab Automobile AB. The deal is expected to conclude in the next months and will then secure Saab’s future. Saab Automobile plans to exit legal reorganisation shortly. (more…) -
General Motors and Koenigsegg Reach Agreement on Saab
General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, today confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB that secures Saab’s future. (more…)