Sweden: Saab sold to Pang Da, Youngman

Saab’s owner Swedish Automobile has announced an agreement to sell 100% of the shares of Saab Automobile (AB) and Saab Great Britain to Pang Da and Youngman for €100m (US$142m). The funding will be paid in instalments. A final agreement between the partners is subject to a definitive share purchase agreement It’s time to log … Continued

Saab’s owner Swedish Automobile has announced an agreement to sell 100% of the shares of Saab Automobile (AB) and Saab Great Britain to Pang Da and Youngman for €100m (US$142m). The funding will be paid in instalments.

A final agreement between the partners is subject to a definitive share purchase agreement

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