Sweden’s Saab Automobile, owned by ailing US auto maker General Motors, would welcome talks with Italy’s Fiat about a takeover, Saab said on Wednesday.
Fiat, not among the 10 suitors currently in the race for Saab, has however not been in contact with Saab’s higher ups, Saab spokesman Eric Geers told Reuters. “But we are open for discussions. If Fiat comes into the picture, we would welcome a dialogue,” Geers said. Sweden’s government has confirmed it has been in contact with Fiat regarding Saab but would not disclose details.
(Published 06 May 2009, 17:07 IST)
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