Saab is owned by Spyker, finally!

[markjay]

Hmmmm.... Saab considering a pre-pack maybe?

 

[Charles Morgan]

Not sure a pre-pack exists in Sweden.

Spyker / Saab have been trying to raise money for years. Hiring a firm that was only started a few months ago having failed with many big names hardly inspires confidence. I'll no doubt be proved wrong, but this looks to me like a company grasping at straws.

 

[markjay]

Not sure a pre-pack exists in Sweden.

I see... so the near equivalent then... or just reaching an agreement with suppliers and creditors etc. The point is that I think it pretty clear that at the very least they absolutely need to 'get rid' of their current debts for any chance of recovery.

Spyker / Saab have been trying to raise money for years. Hiring a firm that was only started a few months ago having failed with many big names hardly inspires confidence. I'll no doubt be proved wrong, but this looks to me like a company grasping at straws.

Alas, poor Yorick (sorry, I meant Saab)!