Saab Signed the Memorandum for the Sale to the Chinese From Pang and Youngman

Saab will be saved by selling 100% of the assets of Pang and Youngman from the Chinese for 100 million euros. Swedish Automobile has recently released this information after it has signed a memorandum for the sale of Saab Automobile and Saab Great Britain with the same partners with whom negotiations had already interotto few days ago, but remains the specter of the Chinese government approval. We will have until November 15 to confirm the agreement, which provides for installment payments and the financing of projects currently under construction: the operation has so far avoided the failure of the company, but without a final confirmation does not guarantee for now, some salvation for the historic Swedish brand
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