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  • #16
    According to Swedish newspapers, Spyker/Convers is the buyer of choice.

    After this week, GM wants further talking with only 1(possible) buyer. And Spyker is favorite. di.se
    Anyway, today Spyker reconfirmed their interest in Saab. An interesting thought: what if Convers pays for Saab in Spyker shares? With so little 'free float' a stock-listing would no longer be justified.. Or am I wrong?
    The greatest pleasure in life is doing what people say you cannot do

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    • #17
      The autochannel also had an interview with Victor:

      + YouTube Video
      ERROR: If you can see this, then YouTube is down or you don't have Flash installed.


      And what looks like mr. Muller, has been spotted at Trolhättan (Saab factory)
      Spyker visits Trollhattan to have a look at Saab - Saabs United

      Djup Strupe gets mischevious with camera - Saabs United
      The greatest pleasure in life is doing what people say you cannot do

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      • #18
        Interesting to see the ´Saab point of view´

        Some more perspective on Spyker - Saabs United
        The greatest pleasure in life is doing what people say you cannot do

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        • #19
          It´s pretty sure BAIC will buy the technology behind the 93 and 95. This probably would have happened too with the ´koenigsegg´ deal. Parties in race for the entire brand are private equity firm The Rengo Group, investor group Merbanco and the Spyker team.
          The greatest pleasure in life is doing what people say you cannot do

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          • #20
            Victor Muller said talk that China's BAIC had agreed with General Motors [GM.UL] to buy some of the Swedish company's assets was "good news" for the Dutch firm, as he described those assets as equipment for old Saab models.

            "We're still in the middle of discussions," Muller told ANP-Reuters by telephone.

            (source: Reuters)
            The greatest pleasure in life is doing what people say you cannot do

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            • #21
              Spykers interest in Saab brought a surge in the volume of searches for 'spyker' at google
              Click image for larger version

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              For sure, brand-awareness here in Sweden has never been this big, but it's pretty serious business: Jobs and a sense of pride are at stake.
              The greatest pleasure in life is doing what people say you cannot do

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              • #22
                Spyker CEO: waarschijnlijk enige bieder op GM's Saab

                Spyker CEO: waarschijnlijk enige bieder op GM's Saab
                15-12-2009 17:04
                (Update van eerder gepubliceerd bericht 'Spyker CEO: waarschijnlijk enige bieder op GM's Saab' om reactie General Motors toe te voegen.)

                Door Anna Marij van der Meulen en Ian Edmondson

                Van DOW JONES NIEUWSDIENST

                AMSTERDAM (Dow Jones)--Spyker Cars nv is nog steeds met General Motors (GM) in gesprek om Saab over te nemen, waarbij het onwaarschijnlijk is dat er nog andere partijen in de race zijn.

                Dat meldt de producent van sportauto's dinsdag. "Ik kan niet bevestigen dat we de enige potentiele koper voor Saab zijn, maar het is denk ik onwaarschijnlijk dat er nog andere bieders over zijn", aldus bestuursvoorzitter Victor Muller van Spyker dinsdag tegen Dow Jones Nieuwsdienst.

                De Zweedse staatssecretaris Joran Hagglund stelde dinsdag op de Zweedse radio dat GM werkt aan voltooiing van een overeenkomst voor het eind van het jaar, maar Hagglund wenste daar geen naam aan te koppelen.

                "Er is e e n koper als belangrijkste alternatief voor het vorige maand afgehaakte consortium onder leiding van Koenigsegg Automotive", aldus Hagglund.

                Ed Whitacre, interim chief executive officer van GM, bevestigde dinsdag dat Spyker de enig overgebleven bieder is op de Saab-onderdelen. "Ik hou mijn vingers gekruist", voegde hij toe.

                Maandag maakte GM al de verkoop van sommige Saab-onderdelen bekend, waaronder intellectuele eigendomsrechten van sommige Saab 9-3 modellen, aan het Chinese Beijing Automotive Industry Holdings Co (BAIC).

                Door Anna Marij van der Meulen en Ian Edmondson; Dow Jones Nieuwsdienst; +31 20 571 5200; anna.vandermeulen@dowjones.com


                Link: - Het Financieele Dagblad
                Winning on sunday, selling on monday!

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                • #23
                  (Spyker is the only bidder left for Saab)
                  This will probably make Saab bit cheaper again for Spyker/Convers ^^,
                  The greatest pleasure in life is doing what people say you cannot do

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                  • #24
                    nice statement of the "character" of Saab

                    "Saabs have a following because they were quirky. They were shaped like aircraft when most cars looked like sheds. They used two-stroke motors when popular prejudice ran in favour of four-. They had V4s when others had straight-fours. They were first with turbos. And they had their ignition switch on the floor when everyone else had it on the dash. Why? Who knows. Who cares. To be different was to be Saab."

                    source: Car Magazine, Dec 2nd, 2009 (by Gavin Green)

                    Doesn't this come in similar to Spyker's designs and attitude? The question is whether it is a recipe for success...

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                    • #25
                      ...brought it to the point...

                      "General Motors neutered Saab’s Scandinavian quirks, further prostituted its brand by applying it to a Chevy truck and a Subaru, and then went bankrupt. It’s hard to imagine how anyone could do worse than that."

                      source: Car Magazine, Sep 1st, 2009 (by Gavin Green)

                      It looks like Gavin Green has become my hero, at least, I enjoy the way he explains things!

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                      • #26
                        Originally posted by IVR007 View Post
                        (Spyker is the only bidder left for Saab)
                        This will probably make Saab bit cheaper again for Spyker/Convers ^^,
                        They should give all of us as current Spyker owners a free Saab...I could use a decent winter car:lol:

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                        • #27
                          ...

                          Originally posted by Swisstrader View Post
                          They should give all of us as current Spyker owners a free Saab...I could use a decent winter car:lol:
                          Count me in

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                          • #28
                            Aren't they taking orders for the Peking-to-Paris?

                            Now, there is a winter car!
                            With Tenacity, No Roof Is Impossible

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                            • #29
                              Dec. 17 (Bloomberg) -- Spyker Cars NV's plan to buy
                              General Motors Co.'s Saab unit hinges on the European
                              Investment Bank approving a loan before the end of December,
                              the Dutch luxury-car maker's chief executive officer said.

                              GM and Spyker are not the 'potential problem for this
                              transaction', Victor Muller said in a phone interview from his
                              home in Amsterdam today, adding that winning EIB support before
                              year-end is the biggest obstacle. So far, the European Union's
                              lending arm has sent 'neutral signals' on approving the 400
                              million-euro ($574 million) loan that is key to the sale and
                              which the Swedish government must guarantee, said Muller.

                              'It's mainly now down to the government agencies',
                              Muller said. 'That''s really the main issue. We are getting lots
                              of support from the Swedish government.'

                              Spyker, the maker of $235,000 sports cars, emerged as the
                              frontrunner to buy Saab this month after Koenigsegg Group
                              abandoned its bid on Nov. 24. GM Chief Executive Officer Ed
                              Whitacre said on Dec. 15 that the Detroit-based carmaker will
                              shut the unit if it doesn't reach a deal with Spyker by the end
                              of this month. GM has agreed to sell technology from Saab's 9-3
                              and 9-5 models to Beijing Automotive Industry Holding Co.

                              Koenigsegg Canceled Acquisition

                              Koenigsegg Group canceled its planned acquisition of Saab,
                              saying it ran out of time because delays in closing the
                              acquisition had 'resulted in risks and uncertainties' that
                              prevented it from implementing a new business plan for the
                              Swedish carmaker. The EIB in August delayed a decision on
                              whether to give Saab a loan, which it eventually granted the
                              Trollhaettan, Sweden-based company on Oct. 21.

                              While the EIB approved the loan to Saab, the bank must now
                              re-evaluate the financing with Spyker as the new owner. The
                              Dutch carmaker is using Koenigsegg's business plan in its bid
                              and intends to keep Saab's management if it buys Saab, Muller
                              said.

                              'In October, the EIB approved the Koenigsegg deal, which
                              was exactly the same deal -- the same lender, same borrower and
                              the same business plan', Muller said. 'The only thing changed
                              is the shareholder, so they have to do due diligence on that'.

                              EIB Vice President Eva Srejber said that since 'this is a
                              change of ownership' then 'of course we need to analyze'.

                              The EIB is in contact with Saab, Spyker, GM and its
                              adviser Deutsche Bank AG and is 'working in close
                              cooperation' with Swedish authorities, she said. She declined
                              to comment on whether a decision would be made before the end
                              of the year.

                              Profitable by 2012

                              Saab was to become profitable by 2012 with annual sales of
                              at least 100,000 cars, according to Koenigsegg Group's business
                              plan in September.

                              Owning Saab would give Spyker access to a network of 1,100
                              dealers worldwide, Muller said. Spyker currently has 30
                              dealers. Spyker would also tap into Saab's engineering
                              resources and supplier network, which could cut costs for some
                              parts the Dutch company uses in its cars, he said.

                              From Saab's perspective, one advantage of having Spyker as
                              owner would be to promote the Swedish company's 'independent'
                              nature, Muller said. 'That's what's there to be gained for
                              Saab -- entrepreneurs at the board level', he said.

                              Zeewolde, Netherlands-based Spyker shares fell 1 cent, or
                              0.5 percent to 2.19 euros in Amsterdam trading. The stock has
                              gained 40 percent since the super-car maker was first reported
                              to be interested in Saab.

                              No deal will be signed with GM until the EIB has decided
                              on whether Saab can get the loan, Muller said. Spyker is also
                              waiting for the European Commission to decide whether potential
                              Swedish loan guarantees for the EIB funding distorts
                              competition and for the Swedish state to decide whether it will
                              give Saab the guarantees.

                              'Blatantly Clear'

                              'There is very little point in signing an agreement until
                              the time that the governmental agencies have approved the
                              transaction', Muller said. 'Everybody knows exactly what the
                              deadline is. There is no misunderstanding about that,' he
                              said, adding GM's CEO had been 'blatantly clear' about a Dec.
                              31 deadline.

                              Saab is likely to win European Commission approval for the
                              EIB loan, Johnny Kjellstroem, who is negotiating the case with
                              the European Union's regulatory arm on behalf of the Swedish
                              government, said last week. It's possible that the European
                              Commission will reach a decision this month, he said.

                              The EIB supports projects throughout the European Union
                              and borrows funds in the capital markets it then lends on to
                              companies under favorable terms, according to its Web site.

                              To contact the reporter on this story:
                              Ola Kinnander in Stockholm at
                              okinnander@bloomberg.net ;

                              Source: Bloomberg
                              The greatest pleasure in life is doing what people say you cannot do

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                              • #30
                                Thanks for the update. This is fascinating!
                                With Tenacity, No Roof Is Impossible

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