Guy Lofalk Interviewed On Saab Automobile Prospects

Posted on 29. Apr, 2009 by Ryan in 2000-2009

Photo Credit: Henrik Montgomery, Adam Ihse/Scanpix. Montage: E24

Sweden’s E24 have managed to interview Saab Automobile’s appointed lawyer, Guy Lofalk, check it out!

I have translated it for you below.

We have several processes, both the so-called “Carver out”, where we make ourselves independent from GM, the actual reconstruction and sales process run by Deutsche Bank.

In the beginning was 27 stakeholders sign a confidentiality agreement first, but only a dozen have come forward in the process, according to Guy Lofalk.

- It is a very strong and substantial interest from several potential buyers, so far so good, may I say in such a stage, “says Guy Lofalk.

Are they interested in parts or all of Saab Automobile?

- What is being discussed right now is to buy shares in Saab, to make a full equity, “says Guy Lofalk.

At the creditors’ meeting in early April did Guy Lofalk clear that the objective is to Saab to become an independent company that is expected to be sold in June.

- The plan can of course be revised, but it is currently fixed, “says Lofalk.

The rumors about who is interested in Saab are many. Recently data from the Gothenburg newspaper that one of the stakeholders is the Norwegian state. Although a Swedish non-named consortium has been identified as potential buyers as reported in Bloomberg News.

In addition, two investment companies as well.

Tags: Adam Ihse, Bloomberg, Bloomberg News, Deutsche Bank, Guy Lofalk, Henrik Montgomery, Lawyer, saab