Sweden: Saab secures funds from North Street

Swedish Automobile has announced new funding for Saab from US private equity firm North Street Capital, the same company that recently purchased its Spyker sportscar business. North Street will pay around US$10m for a total of 2,386,635 ordinary shares in the capital of Swedish Automobile, to be paid in full Subscribe to Automotive World to … Continued

• By Webmaster
• October 21, 2011