TTELA look to Russia for Saab backing

I’ve mentioned it here once or twice already, now TTELA are following up the Russian connection with the Koenigsegg Group, which is looking to buy Saab.
In truth, it’s actually a Russian/American connection and the man they’re focusing on isn’t listed as an owner in the new Koenigsegg Group, but he’s the Chairman of that group and seemingly, he’s the guy who’s bringing the powerful connections.
His name is Augie Fabela.
TTELA cite him as one of the main players in this group due to the makeup of the other players involved.
Fabela is US born and educated, but after a stint working in Japan in his 20s, he formed a telecommunications compant called Vimpelcom in the early 1990s. That company went on to be the first Russian company listed on the New York Stock exchange.
Also involved in the operations is a US lawyer named Melissa Schwartz. She is from the Washington law firm called Akin, Gamp, Strauss, Hower & Feld and has been named as the deputy Chair of the Koenigsegg Group board. Previously, with Vimpelcom, she had the brief to “help restructure the company into an efficient organisation and attract capital” (is she to be the one they’d call the toecutter here in Australia??)
The other person in the current Saab affair with clear links to Fabela is the legal adviser L Pranav Trivedi. As with Schwartz and Fabela, he has built his career in the Russian market. He was also an advisor to Vimpelcom when they bought the company, Golden Telecom, a multi-billion dollar business.
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There were a lot of questions about Koenigsegg’s ability to finance the Saab deal given their small size.
This article from TTELA once again reinforces that there are players in the background aside from the talent out front.
Saab have been quite adamant about stating that Koenigsegg have plenty of financial resources available and it definitely looks like a lot of that money is coming from the east. Let’s hope there aren’t too many strings attached.

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