Saab boss spurned full Chinese takeover bid

Sean Carson

Updated

Saab Automobile CEO Viktor Muller has turned down a full-blown takeover bid from Chinese auto dealer Pang Da and Youngman Lotus Automobile.

After the recent twists and counter-twists of the Saab takeover saga the shunning of the offer by Saab comes as a bit of a surprise for the cash-strapped Swedish firm.

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Saab boss spurned full Chinese takeover bid

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