Mahindra has placed a bid
March 1, 2012 in News
According to two independent sources to SaabsUnited, Mahindra is said to have placed a bid for Saab last tuesday and are working through the bank KPMG. It is said to be a bid for the whole entity of Saab. Mahindra has for a long time been a shut door in terms of information about their dealings with Saab. However our sources are very secure and state that Mahindra is serious about their takeover of Saab.
Mahindra is believed to be able to operate and restart Saab without any licenses from GM.