Sweden: Saab outlines reorganisation plan

Saab has presented a preliminary reorganisation plan to creditors during a meeting in Vänersborg, Sweden, today, 31 October. The reorganisation covers Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (together Saab Automobile). Chinese investors Youngman and Pang Da have agreed to provide €50m (US$70m) Subscribe to Automotive World … Continued

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• October 31, 2011