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Turkey/Sweden: Brightwell drops Saab bid

Turkish private equity firm Brightwell Holdings has reportedly withdrawn its bid for Saab Automobile, reports Swedish Wire, citing business website di.se. According to company spokesman Zamier Ahmed, General Motors was proving difficult in the negotiations. Zamier is quoted as stating that "because of GM's attitude, we cannot continue." Brightwell had intended to Subscribe to Automotive … Continued

Turkish private equity firm Brightwell Holdings has reportedly withdrawn its bid for Saab Automobile, reports Swedish Wire, citing business website di.se. According to company spokesman Zamier Ahmed, General Motors was proving difficult in the negotiations.

Zamier is quoted as stating that "because of GM's attitude, we cannot continue."

Brightwell had intended to

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https://www.automotiveworld.com/articles/92321-turkey-sweden-brightwell-drops-saab-bid/

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