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Youngman and Pand Da got one heck of a deal Posted by MI-Roger [Email] (#882) [Profile/Gallery] (more from MI-Roger) on Fri, 28 Oct 2011 04:38:35 In Reply to: Muller on sale of SAAB, jeff '04, Fri, 28 Oct 2011 03:59:57 Members do not see ads below this line. - Help Keep This Site Online - Signup |
The entire company, including Saab of Great Britain, for only 100 Million Euro. Four months ago they signed on to buy 54% of Saab (excluding Saab of Great Britain) for 245 Million Euro.
I can't help but wonder why no one else bid. I know the global economy is still teetering its way back from the brink but this price is far too low. Unless it includes assuming all existing debt obligations which may be mind boggling in size.
posted by 68.43.27...
_______________________________________ Saabs owned: 2008 9-5 Aero Sedan, sold at 227K miles 2006 9-3SC 2.0T - Wife's daily driver 2000 Viggen Convertible - Sold May, 2022 1964 Quantum IV Formula Car - Retirement project 2000 9-5lpt Sedan, sold at 318K miles
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