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0Geely-owned Volvo seeks €600 million EIB loan 1284228720
2011 Volvo S60 - Click above for high-res image galleryVolvo received a €200 million loan from the European Investment Bank in March of this year, and sought another €300 million to cement its finances as it navigated the process of being sold by Ford. The rest of the funds were put on ... -
Saab-Spyker is Go: EIB reportedly approves 400M euro loan, Spyker shareholders agree to Saab purchase 1265999400
Spyker-Saab is reportedly passing "Go" and collecting $547 million while they're at. According to Automotive News, the €400 million loan courtesy of the European Investment Bank (EIB) has received final approval. There's even more good Saab-related news (that almost feels weird to type) ...
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Breaking: Swedish loan guarantee for Saab reportedly wins EU approval 1265642880
What is thought to be one of the last remaining hurdles for the acquisition of Saab Automobile by Spyker Cars from General Motors has reportedly been cleared – the Swedish government's endorsement of a pivotal European Investment Bank loan has been okayed by the European Union. Bloomberg ...
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REPORT: First step of Saab salvation complete, EIB to give €400m loan 1256157600
2010 Saab 9-5 - Click above for high-res image galleryLike Great Britain, Sweden never switched over to the Euro – they still deal in kroners. Therefor, In order to keep Saab afloat after being jettisoned by General Motors, new owner Koenigsegg Group has determined that it needs a loan of ... -
REPORT: Major obstacle cleared as Swedish government to guarantee $615M EIB loan for Saab 1254841080
2010 Saab 9-5 - Click above for high-res image galleryA major hurdle in Saab's transfer to the homegrown hands of Sweden's Koenigsegg has been surmounted: the Swedish government has agreed to guarantee a 4.3 billion kroner ($615M U.S.) loan from the European Investment Bank to the Koenigsegg ...
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