Saab finalizes a 100 Million-Euro deal with Chinese companies Pang Da and Zhejiang Youngman Lotus
Swedish car manufacturers, Saab Automobile AB, more commonly known as SAAB, have announced that the Chinese Automobile giants Pang Da Automobile Trade Co., Ltd and Zhejiang Youngman Lotus Automobile have agreed to purchase the company assets, liabilities and equities for 100 Million Euros. The process of the acquisition has started and is expected to complete […]
Oct 31 2011 | Posted in Business | Read More »