Reports claim some of Koenigsegg's investors have pulled out of the deal
10 August 2009

Koenigsegg’s impending takeover of Saab from General Motors could be in doubt, after reports suggested investors had pulled out of the deal.

The Swedish supercar manufacturer agreed to buy Saab from GM in June and it was backed by several investors from Sweden and North America.

Reports from Sweden over the weekend said that some of the investors had pulled out of the deal, and the Swedish government confirmed it was looking into the reports.

“We have received some information, yes, saying that,” said Joran Hagglund, state secretary for Sweden's industry ministry.

“We haven't managed to confirm it ourselves with Koenigsegg. We are keen to get this confirmed and are chasing them.”

Hagglund added that there was nothing that he was aware of which would stop the deal going through.

A Koenigsegg spokesman said, “Ownership questions are detailed information that I don't have the possibility to comment on today. What I can say is that our negotiations with GM are proceeding according to plan.”

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