Several bids for Saab: administrator
Published: 7 Feb 12 13:30 CET | Print version
Online: http://www.thelocal.se/38972/20120207/
Several companies have placed preliminary bids to buy bankrupt Swedish carmaker Saab, one of the administrators said on Tuesday, refusing to disclose their identities.
- New bidder in the Saab saga shows its hand (3 Feb 12)
- 'Multi-billion-kronor' bid for bankrupt Saab: report (2 Feb 12)
- Five buyers 'seriously interested' in Saab (30 Jan 12)
He would not disclose who had placed the bids, nor the amounts involved but reiterated that the aim was to sell all of Saab, which filed for bankruptcy on December 19th, instead of selling off parts of the company.
He repeated that there were four or five parties interested in buying Saab. He said most of them were from abroad but at least one was from Sweden.
Swedish media have reported that Chinese carmaker Youngman placed a
preliminary bid last week of about two billion kronor (227 million euros, $298
million).
Youngman has long been interested in Saab and tried to snap it up before it declared bankruptcy, but those efforts were thwarted by the Swedish brand's former owner GM, which balked at transferring the necessary technology licences.
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If there is no bidders or the a lack of bidders etc, isn't this type of behaviour criminal?
So far we have :
No names given of administrators reporting this.
No names of interested parties.
Which really begs the question, where is the story and why is it being reported?