vrijdag 27 januari 2012

Youngman bid for Saab delayed to next week

My Swedish is not very good :), but as far as I understand it the Youngman bid for Saab `ll come early next week instead of this week. The Youngman bid was expected to come this week, but Rachel Pang had other plans unfortunately.

The entire Young's leadership is coming to Stockholm on Monday to meet with Saab's bankruptcy trustee (according to TTELA)

If it really is about the five billion as previously mentioned, however, is a question - it may relate to a lower bid.

With the delegation is the manager of the Automotive Division Rachel Pang and probably Youngman-founder Pang Qingnian, suggesting that it comes at a crucial stage of Youngman as stakeholders.

Read here the Swedish article.


There was also another Swedish article today about Steven Wade. But feel free to click here if you want to.