But Spyker road car delivered to Saab’s Trollhattan museum
25 January 2010

Reports that Saab will be sold to Spyker imminently are gathering pace, following reports that a Spyker car has been delivered to Saab’s Trollhattan museum.

Although the reports remain unconfirmed, they come from renowned Saab enthusiast website saabsunited.com.

However, Spyker moved to quell speculation, issuing a statement that read: "Spyker confirms that talks are ongoing, the outcome of which is still uncertain. As Saab is currently in liquidation talks must end soon."

Despite this, reports suggest that Spyker is prepared to replace chief backer Convers Group, a Russian-backed company, with finance from Dutch billionaire Marcel Boekhoorn.

Swedish televsion show Rapport has also said that Spyker will present its purchase of Saab at a press conference later today.

GM is reported to have insisted it wouldn't deal the Convers Group, and such a move would relieve one of the remaining stumbling blocks currently standing in the way of a deal’s progress.

In addition, the Swedish government was reported to have offered loan guarantees to assist potential purchasers of Saab. However, a government spokesman denied this on Monday afternoon.

"No, there was no decision on Saab," Frank Nilsson, press secretary to enterprise minister Maud Olofsson, said after a cabinet meeting.

On the back of this news shares in Spyker have soared by nearly 30 per cent this morning, and reports now suggest that a deal could be done as early as today.

Tony Cook

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Comments
4

25 January 2010

are ladbrokes taking bets on this

25 January 2010

Wish I was a billionaire called Marcel Boekhoorn. I could have fun with that.

25 January 2010

[quote VX220EDDIE]are ladbrokes taking bets on this[/quote]

Eddie, I'd put something down on this....all the signals are ggod - only GM could cock it up at this stage, but then again......hmm, they do have 'form'. I think they really want to get a positive PR out of this after the global outpouring of scorm for their failure to reach a deal last December. Here's hoping!

25 January 2010

We should have placed a bet back in Jan last year...

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