Dutch millionaire involved in Saab bid?
Dutch millionaire investor Marcel Boekhoorn is involved in the revised bid to take over Saab by luxury car maker Spyker, the Telegraaf reports on Tuesday, quoting ‘various sources’.
The paper says Boekhoorn and Spyker CEO Victor Muller had a meeting with a corporate restructuring adviser about the new proposal at Schiphol airport on Monday.
Boekhoorn has invested in Spyker for years and is now helping Muller with the revised bid, the paper says. Boekhoorn told the paper he is not involved. ‘It is not true. It is all made up,’ the paper quoted Boekhoorn as saying.
Swedish newspaper Svenska Dagbladet reported on Tuesday morning that a Dutch private investor is behind the revised offer.
According to news agency ANP, on Sunday, a major obstacle to the takeover of Saab by Spyker was removed when the Dutch car firm agreed to exclude its shareholders Vladimir and Alexander Antonov. ANP says Saab owner GM did not want the technology to end up in Russian hands. The Russians own 30% of Spyker shares.
However, the Financieele Dagblad reports that Muller refused to comment on this claim.
The takeover is supported by Abu Dhabi investment fund Mubadala, which owns 23% of shares. But Muller told the FD Mubadala is simply an investor and will play no role in financing the Saab takeover.
On Monday, Muller dropped the 11pm deadline he had set for GM to agree to the new deal and extended ‘until further notice’.
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