This is your daily news info on the current situation in the saga that is the story Svenska Aeroplan Aktiebolaget restructuring or, more precisely, your story other new Saab of the day.
In this final chapter, the parent company of the Swedish manufacturer Saab Automobile NV [Swan] said it was "strong in the final negotiations" with investors to ensure its financing, and thus avoid bankruptcy.
The court document that was posted on Thursday, said: "The ultimate result of these negotiations, which may become more or less at any time decide Saab's ability to take a position on the issue that the court is called upon to comment on the Saab So, Saab may be, until the result is known, to make comments .. "
Guy Lofalk, the administrator appointed by the court, which oversees the Swedish car manufacturer structural reforms, believes it has not happened, and it is therefore suggested to her termination.
"Money is not enough to continue with the reorganization," he told Reuters Lofalk reference to the first tranche of money and Pang Da North Capital Street Capital pay for Spyker.
The court will decide tomorrow Vanersborg, Friday, October 28 at the request of Lofalk - so stay tuned for the new Saab more ...
Thursday, October 27, 2011
Saab Attempts an 11th Hour Rescue Deal Before Friday's Court Hearing
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