Spyker N.V.
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Publicatie datum
05 dec 2011 - 08:03
Statutaire naam
Spyker N.V.
Titel
SWEDISH AUTOMOBILE CONTINUES DISCUSSIONS WITH YOUNGMAN
Bericht
Zeewolde, The Netherlands, 5 December 2011 - Swedish Automobile N.V. (Swan) announces it is in discussion with Zhejiang Youngman Lotus Automobile Co. Ltd. (Youngman) and a bank in China about an equity interest in Swan. The discussions include a short term solution to enable Saab Automobile to pay the November wages and continue reorganisation. The outcome of the discussions is still uncertain. Any possible transaction would be subject to the approval of the relevant stakeholders.
Swan will keep the market informed of any developments.
- Ends -
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