Sweden: Saab signs bridge financing deal

Swedish Automobile has announced that Saab Automobile has signed a technology licence agreement with a special purpose vehicle named Swedish Automobile coöperatief U.A. (SPV). The license agreement relates to the non-exclusive rights in Saab Automobile's Phoenix architecture technology for a consideration of €70m (US$95.5m). The Saab Phoenix hybrid concept car was It’s time to log … Continued

• By Webmaster
• September 12, 2011