Koenigsegg’s purchase of Saab hits snag?
It’s been a few months since we last reported on Koenigsegg’s purchase on Saab, thinking that it was a done deal at that point. Apparently, the sale recently hit a pretty stiff wall when reports coming from Sweden said that one key investor may have gotten wet feet regarding the impending purchase.
We don’t know who this key investor is, but apparently, this news is more than just trivial hearsay. Sweden’s state secretary for the country’s industry ministry, Joran Hagglund, said that his office is vehemently contacting Koenigsegg in an effort to get more information regarding the matter.
The situation has escalated to such a degree that all the parties involved, including Koenigsegg, Saab, and the Swedish government, have brought in their best PR people to douse the flames of what could become a monumental collapse of a deal that seemed to be in-the-books only a few months ago.
Continued after the jump.
According to Halldora von Koenigsegg, the supercar makers’ spokesperson and, coincidentaly, wife of founder Christian von Koenigsegg: "Ownership questions are detailed information that I don’t have the possibility to comment on today. What I can say is that our negotiations with GM are proceeding according to plan."
Saab also wasn’t too far behind issuing their own statement, which simply echoed what Koenigsegg had already said. Gunilla Gustavs, Saab’s spokeswoman, said:"Everything’s proceeding; we’re still looking to be done by the end of the third quarter."
We don’t really know what to make of this situation, except that it’s something none of us saw coming, considering that the marriage between Saab and Koenigsegg was made in Swedish heaven.
Source: Wall Street Journal