It appears that despite their MOU with SWAN’s lapse in June, CPP still wants Spyker. I’m not sure what is going on behind the scenes here and I really don’t want to speculate, but it’s always nice to have both sides of the story presented. While this is first and foremost a Saab site, I’ve developed an affinity for Spyker in its own right, and considering this deal has an impact on SWAN’s debt situation, it directly affects Saab’s turnaround.
Read CPP’s press release after the break.