Saab Issues New Shares, Pulls Out Of Frankfurt Auto Show
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Saab Issues New Shares, Pulls Out Of Frankfurt Auto Show
Swedish Automobile, Saab’s parent, is issuing another 4 million shares under an existing agreement with GEM Global Yield Fund Limited. Earlier this month, Swedish Automobile sold an estimated 5 million shares to GEM in order to raise funding to pay workers and suppliers. The new deal is said to be worth another $5.8 million, but how far that...More...
Last edited by Jazz; Aug 15, 2011 at 07:35 PM.
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