Swedish sports car maker Koenigsegg is to buy Saab Automobile from US giant General Motors with support from Norwegian investors, a broadcaster reported on Thursday.
The buyers have signed a letter of intention to buy Saab, Swedish television station SVT reported on its website, citing anonymous sources and naming Koenigsegg. It said negotiations to wrap up the deal would last months.
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Source URL: http://automotivetrendnews.blogspot.com/2009/06/sweden-car-firm-koenigsegg-to-buy-saab.html
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