<ET Net News Agency, 6 October 2011> Geely Automobile (00175) is interested in
acquiring the struggling car manufacturer Saab, Sweden daily Dagens Nyheter reported,
citing unnamed sources.
Geely has approached Saab's court-appointed administrator about a deal. A Geely
spokesman declined to comment.
Saab has hardly produced a car for six months and is in desperate need of money to see
it through restructuring under creditor protection, while it waits for long-term
investment from China's Zhejiang Youngman Lotus Automobile and Pangda .
etnet榮獲HKEX Awards 2023 「最佳表現證券數據供應商」大獎► 了解詳情
