Saab Purchase Finalized
Submitted by dip on 23. February 2010 - 11:22
"Spyker Cars N.V. today confirmed it has finalized the deal with General Motors Company to purchase Saab Automobile AB. The transfer of ownership took place on February 23. Prior to the close of the deal Saab exited liquidation and control was reinstated to Jan Åke Jonsson, Saab Automobile's CEO, and his management team. Going forward Saab Automobile and Spyker Cars will operate as sister companies under the umbrella of the Amsterdam Euronext listed parent company Spyker Cars N.V. This transaction secures the future of Saab Automobile and signals the start of an exciting new era for the iconic brand."
You can read the press release on Saabs United.
