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More interests in Bankrupts Saab and a Canadian firm emerge as one of the interested parties.
Wednesday, 21 December 2011
The Canadian automotive group Magna is said to be interested in Saab's bankruptcy, according to Swedish media reports.

On Wednesday, Youngman's CEO, Rachel Pang also lands at Landvetter and then get to Trollhättan, near Gothenburg were Saab has its home.
Several stakeholders have shown interest in Saab since the automaker presented itself in bankruptcy. The Canadian automotive group Magna is according to several sources and newspaper reports expressed interested in Saab's assets.

The Company had demonstrated interest in 2009, but then it became known that the way thing were moving them it could not buy Saab. The company's current operations are primarily focused on component manufacturing, but Magna also builds cars on behalf of Mercedes and BMW, and could therefore be attracted by both the automotive components and the factory in Trollhattan.
We reported yesterday that the Turkish government has shown some interest and Youngman is still hot on the porridge. Youngman's CEO, Rachel Pang lands on Wednesday at Landvetter for further transport to Trollhättan.

"We have no reason to wait, but will submit a bid as soon as we can. But it is important to engage General Motors, "said Youngman's Swedish attorney spokesman John Nylén to Swedish business daily, Degens Industri.
By Scancomark.se Team

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