Christmas update from Merbanco

From Christopher Johnston, CEO of Merbanco and one of the bidders to acquire Saab Automobile, a Christmas eve update on the Saab sale situation:

We are patiently making progress and have considered and agreed to everything we have been asked. All of our Sweden and Management partners, and the Swedish Government, have been a big help. All along, we have believed our skills are a good fit for Saab and Saab for us. We have learned a ton over the past 7 months and I can’t imagine someone trying to learn what we know in a matter of weeks. We are comfortable with GM deciding on their timetable.

Message to GM – you’ve got two good bidders here. Make the sale.

Notify of

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.