Results for Sweden
- ANALYSIS: Swedish Bank Crackdown Sends Corporates To Bond Market
Sweden’s tough regulations on its own lenders, regarded as even more stringent than the Basel III bank capital rules, could fire up the Nordic country’s corporate debt market in 2012, as small and mid-cap borrowers in particular rush from hard-to-get loa ...
Daily Headline - global.abi.org - 01/27/2012 - 00:13 - 0 comments
- Youngman Eyes Fresh Bid For Saab-Sources
Chinese group Zhejiang Youngman Lotus Automobile could make a fresh bid for failed Swedish carmaker Saab next week, sources with knowledge of the situation said on Wednesday, Reuters reported. Saab was declared bankrupt by a Swedish court in December aft ...
Daily Headline - global.abi.org - 01/18/2012 - 22:13 - 0 comments
- Bankrupt Saab Automobile Said to Attract Interest From India’s Mahindra
Mahindra & Mahindra Ltd., India’s biggest sport-utility vehicle manufacturer, is interested in buying at least parts of bankrupt Swedish carmaker Saab Automobile, two people familiar with the situation said, Bloomberg reported. Mahindra, based in Mum ...
Daily Headline - global.abi.org - 01/02/2012 - 22:40 - 0 comments
- China's Pang Da Says Halts Bid To Acquire Saab
China's Pang Da Automobile Trade said on Wednesday it would halt its attempt to acquire Swedish carmaker Saab in light of Saab's bankruptcy, Reuters reported. Saab was declared bankrupt by a court on Monday, ending a nine-month survival battle ...
Daily Headline - global.abi.org - 12/21/2011 - 00:41 - 0 comments
- Saab Files For Bankruptcy After Chinese Deal Fails
Saab Automobile filed for bankruptcy on Monday, giving up a desperate struggle to stay in business after previous owner General Motors Co. blocked takeover attempts by Chinese investors, the Associated Press reported. Saab CEO Victor Muller personally ha ...
Daily Headline - global.abi.org - 12/19/2011 - 22:49 - 0 comments
- Carmaker Saab Names Another Administrator
Struggling carmaker Saab suffered its latest embarrassment on Thursday as it was forced to name a new administrator a day after identifying another lawyer to take the key role, himself a replacement for a previous administrator who had quit, Reuters repo ...
Daily Headline - global.abi.org - 12/15/2011 - 21:04 - 0 comments
- Saab Administrator To Quit Amid Disagreement
Ailing Swedish carmaker Saab and its court-appointed administrator Guy Lofalk want him replaced amid reports of disagreement as the company struggles to stay in business, a court said on Wednesday, Reuters reported. The court is due to decide whether to ...
Daily Headline - global.abi.org - 12/14/2011 - 22:25 - 0 comments
- Saab Future In Jeopardy Again
Swedish carmaker Saab faced a fresh threat to its existence on Wednesday when a court-appointed administrator said its protection from bankruptcy should be removed due to a failure to secure Chinese investments, Reuters reported. Saab, one of Sweden' ...
Daily Headline - global.abi.org - 12/07/2011 - 23:05 - 0 comments
- GM Rejects Latest Saab Ownership Plan
General Motors Co said on Tuesday it would not support a proposed ownership structure for Saab that included a Chinese bank, moving the Swedish auto company closer to liquidation, Reuters reported. "We have reviewed Saab's proposed changes rega ...
Daily Headline - global.abi.org - 12/06/2011 - 22:33 - 0 comments
- Bank Of China To Step In As Saab Part Owner
Saab's Dutch owner and China's Zhejiang Youngman Lotus Automobile have agreed that the Bank of China , the nation's fourth-largest bank by market value, will come in as part owner of the ailing carmaker, according to a source familiar with ...
Daily Headline - global.abi.org - 12/04/2011 - 23:34 - 0 comments