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Hammarskiöld & Co represents GM Europe AG in the sale of Saab Automobile AB to Spyker Cars

February 2010

Hammarskiöld & Co represents GM Europe AG in the sale of Saab Automobile AB to Spyker Cars announced on January 26, 2010.

The Hammarskiöld & Co team was co-headed by Peder Hammarskiöld, Senior Partner, and Carl-Johan Deuschl, Partner. Other members of the team from the firm include Senior Associates Peder Grandinson and Christina Blomkvist and Associates Jonas Forsén, Thomas Åsberg and Martina Hedman.
 
General Motors and Spyker Cars NV have reached a binding agreement on the purchase of Saab Automobile AB. The Swedish government has approved the transaction and it is working toward guarantees for a Saab Automobile restructuring loan that has been requested from the European Investment Bank (EIB). Assuming quick action on these matters, the transaction is expected to close in February. Previously announced wind down activities at Saab will be suspended pending the close of the transaction.

www.hammarskiold.se

Legal Developments by:
Hammarskiöld & Co AB

  • Related party rules

    New Swedish closely related party rules for listed companies: On 31 January 2012, the Swedish Securities Council issued a new set of closely related party rules which may have a substantial impact on the business and ownership of listed companies in Sweden. Partners Peder Grandinson and Ulf Grubbström of Hammarskiöld & Co comment on the new rules and possible consequences thereof.
    - Hammarskiöld & Co

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