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Indian billions bid for Saab automobile

Tuesday, 06 March 2012
As the question for Saab ownership continues, more bid are falling in. The Indian production line at Tata Motors has been reportedly places an impressive bid for the Saab's bankruptcy.

According to Swedish media reports,in which they quote the newspaper, Indian Express whose sources state that the offer is about $ 350 million (approximately EUR 2.3 billion).

There are several prospective buyers who are interested in buying Saab, and bids have been placed both on the whole bankruptcy estate and in parts of the company.

Tata Motors is India's largest automaker and has three factories in India and one in Ukraine.
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