According to Dagens Industri online today, GM have cleared the way for Vladimir Antonov to become part of the ownership structure for Saab Automobile.
The Spyker purchase nearly fell over last year when GM acted on (unproven) suspicions and barred Antonov from being part of the deal. Antonov stepped aside, acting as a financier only (and even that was in the background) in order for the deal to go through.
Subsequent investigations have cleared Antonov from any wrongdoing and according to DI.se, he has now been given the formal green light to become part of Saab’s ownership structure.
Antonov has said that he will update people after January 26, which will be the first anniversary of Spyker signing the agreement to purchase Saab from GM.
It’ll be interesting to see what changes, if any, this might bring to Saab.
Having a banker on the board could lead to easier access to finance for Saab. Not assured, but *could*. I’d imagine they might be subject to rather high interest rates if they want to access external finance at the moment.
Whatever happens, it’s definitely going to be interesting 🙂
Thanks to Carl-Henrik for the tip!