Latest News

Spyker Saves Saab From Shutdown

Business

Seow Yaohan | January 27, 2010

Spyker has pulled off the last-minute deal, successfully buying Saab from General Motors for USD 74 million (RM 254 million) in cash and USD 326 million (RM 1.12 billion) in preferred shares. The deal is, however, subject to the approval of ...

Dutch Supercar Producer Spyker The Latest To Bid For Saab

Business

Seow Yaohan | December 3, 2009

With the Saab-Koenigsegg deal officially terminated, offers are pouring in for the General Motors-owned Swedish automaker. In addition to China’s Beijing Automotive Industry Holding Co. (BAIC), US-based merchant bank Merbanco and US private equity Renco Group, Spyker, a Dutch high-end ...