After two very turbulent days it is rather quiet on the news front. Most reporting is on the court hearing on monday we posted about last night, just di.se knows a bit more, according to their sources. For some reason I read that with a lot of cautioness…
Saab CEO Victor Muller’s new plan is almost complete, reports the Dagens Industri, which also reveals that Youngman totally committed to invest 10 billion crowns in Saab for five years. Already on Wednesday or Thursday is expected to pay money to enter.
Additionally they say that it’s now up to dicussions about gurantees Youngman needs to get, most likely in preferred shares. Nothing that has not been speculated on before so I’ll leave it up to you how much trust you want to put in it.
An interesting detail is in an article from sverigesradio.se. They claim that Saab will not ask for the replacement of Lofalk.
Saab chief Victor Muller has several times been openly critical of the administrator Guy Lofalk way to do his work. But Saab’s letter to the district court says no to Saab wants to Lofalk be replaced.
Previously, the request for a change have been discussed, but there has never been any formal request to the right
While I don’t think that Lofalk has been the right man for the job it may be good not to ask for a replacement now. Saab should not overdo it as the main goal is to continue reconstruction. Would be good if Saab and Lofalk could get to some kind of professional peace for the coming months to get this plan done. Fighting Lofalk would only cost energy that is needed in other places right now. So if he moves his mind and does his job let him be.
In the meantime we will keep an eye on developments. And try to bring on some saaby entertainment for you to kill the time until monday, when we will have Tim reporting life from the hearing.