Koenigsegg deal for Saab close to being done
September 2, 2009 in News
I’ve had to bust loose from the aliens for a moment, but it’s been worth it…
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It’s not done yet, but reports are coming through that it’s getting close.
From Reuters:
STOCKHOLM, Sept 1 (Reuters) – Luxury sportscar maker Koenigsegg is close to securing the financing needed to carry out its purchase of Saab Automobile from General Motors [GM.UL], a Swedish business daily reported on Tuesday.
An agreement between GM and Koeningsegg, backed by additional investors, was likely to be presented next week, newspaper Dagens Industri reported, citing an unidentified source familiar with the matter.
“Koenigsegg no longer needs any extra loan from the Swedish state but can handle the financing with the help of GM and new investors,” the source was quoted as saying. The new investors were not identified by the newspaper.
Confidence is high……repeat, confidence is high.
Love those secret sauces saucers sorcerers sources.
Back to the mothership……..
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With thanks to Karen in comments
