Sweden: Swedish Automobile to issue shares

In an effort to raise cash, Swedish Automobile N.V., Saab Automobile AB's parent company, has announced that it has issued a subscription notice for 5 million shares under the current €150m (US$213.4m) equity facility between itself and GEM Global Yield Fund Limited. The exact number of shares to be issued Subscribe to Automotive World to … Continued

• By Webmaster
• August 3, 2011