Bank of China to step in as Saab part owner: source

STOCKHOLM (Reuters) - Saab's Dutch owner and China's Zhejiang Youngman Lotus Automobile have agreed that the Bank of China, the nation's fourth-largest bank by market value, will come in as part owner of the ailing carmaker, according to a source familiar with the deal.

05 Dec, 2011

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Source: http://www.reuters.com/article/2011/12/04/us-sweden-saab-idUSTRE7B30R120111204?feedType=RSS&feedName=businessNews
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