GM’s Hummer Deal Failure: The Broader Impact of Tighter Chinese Lending Standards

Robert Salomon submits:

For those of you following GM (MTLQQ.PK) developments, it appears that the sale of Saab to Spyker has now closed (see Spyker Closes Purchase of Saab).

Spyker Cars of the Netherlands closed a deal to buy Saab from General Motors for cash and shares worth $400m, saving the Swedish car brand from closure and ending a sale that has dragged on for more than a year.

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This entry was posted on Friday, February 26th, 2010 at 10:18 am and is filed under China Stock. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.