The SNDO will assume ownership of Parts in late summer

21 June 2012 - Press release

The Swedish National Debt Office (SNDO) intends to assume ownership of the shares of Saab Automobile Parts AB according to our contractual rights. The company is currently owned by Saab Automobile AB in receivership. The ownership transfer will be implemented after closing of the transaction that the receivers in Saab informed about on 13 June, 2012. The transfer is expected to take place in late summer.

The receivers in Saab informed about a sale of the majority of the assets of Saab Automobile AB, Saab Automobile Tools AB and Saab Automobile Powertrain AB. The purchaser is the National Electric Vehicle Sweden AB (NEVS).

We will return regarding the SNDO´s interest in the pledged shares of Saab Automobile Tools AB, after the receivers have reported on the sale of assets in this company. The SNDO expects that there will be a surplus in this estate. The surplus will accrue to us as holders of the pledged shares, after deduction of receivership costs.

Press Contact:
Linda Rudberg, Press Officer, +46 8 613 45 38