The SNDO will assume ownership of Parts in late summer

The SNDO will assume ownership of Parts in late summer

ID: 158595

(Thomson Reuters ONE) -


The Swedish National Debt Office (SNDO) intends to assume ownership of the
shares of Saab Automobile Parts AB according to our contractual rights. The
company is currently owned by Saab Automobile AB in receivership. The ownership
transfer will be implemented after closing of the transaction that the receivers
in Saab informed about on 13 June, 2012. The transfer is expected to take place
in late summer.

The receivers in Saab informed about a sale of the majority of the assets of
Saab Automobile AB, Saab Automobile Tools AB and Saab Automobile Powertrain AB.
The purchaser is the National Electric Vehicle Sweden AB (NEVS).

We will return regarding the SNDO's interest in the pledged shares of Saab
Automobile Tools AB, after the receivers have reported on the sale of assets in
this company. The SNDO expects that there will be a surplus in this estate. The
surplus will accrue to us as holders of the pledged shares, after deduction of
receivership costs.

Press Contact:
Linda Rudberg, Press Officer, +46 8 613 45 38






This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Riksgälden via Thomson Reuters ONE
[HUG#1621056]




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Bereitgestellt von Benutzer: hugin
Datum: 21.06.2012 - 09:31 Uhr
Sprache: Deutsch
News-ID 158595
Anzahl Zeichen: 1694

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Stockholm



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Business News



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