China's Youngman bids for carmaker Saab
Swedish radio reported on Thursday that Chinese group Zhejiang Youngman Lotus Automobile has made a fresh bid for Swedish carmaker Saab, which went bust in December.
Youngman's offer is worth several billion Swedish kronor, the radio said, citing sources. The Chinese firm would under the new proposed deal produce cars at Saab's factory in Trollhättan in the southwest of Sweden.
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