Spyker cars the company formally completes acquisition of Saab
Netherlands luxury car manufacturer company Spyker 23 April announced that the company has completed the acquisition of United States General Motors under Saab Automobile company acquisitions.
Spyker company issued a statement on the same day, GM have 23/00 to Saab's ownership transfer to Spyker company. Generic companies in Detroit Headquarters issued a statement confirming this news.
Spyker CEO Victor ・ Mueller said that Spyker from now will focus on the Saab into a sustainable and profitable company.
According to the Spyker and generic January 26 agreements, Spyker would spend 7400 million cash and $ 3.26 Saab shares acquired from universal hands Saab.
Subsequently, the Government of Sweden announced that consent obtained from the European Investment Bank for Saab 4 billion euro in loans with Government guarantees. The EU has recently ratified the European Investment Bank loans to Saab.
Since last year, the business performance was poor troubled GM has plans to sell its Saab brand to adjust in the United States market business focus. Saab Automobile acquired in 2000 by universal, its main Southwest cities of Sweden the factory is located in trollhattan, about 500 employees.
[Edit: kevinzhou]