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Saab is to receive a funds injection of £340m from General Motors of the US and Investor, the main arm of the Wallenberg empire in a refinancing deal. This latest attempt to put the struggling Swedish luxury carmaker onto a sound financial footing looks set to pave the way for an eventual complete takeover of the company by GM.

  • Financial Times 25/6/96 page 19
  • The Times 25/6/96 page 30
  • The Daily Telegraph 25/6/96 page 26

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