Spyker N.V.
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Publicatie datum
28 okt 2011 - 09:52
Statutaire naam
Spyker N.V.
Titel
SWEDISH AUTOMOBILE SIGNS MOU WITH PANG DA AND YOUNGMAN FOR THE SALE OF SAAB AUTOMOBILE AND SAAB GB
Bericht
Zeewolde, The Netherlands, 28 October 2011 - Swedish Automobile N.V. (Swan) announces that it entered into a memorandum of understanding with Pang Da and Youngman for the sale and purchase of 100% of the shares of Saab Automobile AB (Saab Automobile) and Saab Great Britain Ltd. (Saab GB) for a consideration of EUR 100 million.
Final agreement between the parties is subject to a definitive share purchase agreement between Swan, Pang Da and Youngman, which will contain certain conditions including the approval of the relevant authorities, Swan's shareholders and certain other parties. The consideration of EUR 100 million will be paid in instalments. An important consideration for Swan to enter into the transaction is the commitment of Pang Da and Youngman to provide long term funding to Saab Automobile.
Datum laatste update: 23 februari 2026