Since the Swedish press is silent, I pick up the phone almost every day and call in Stockholm. The Saab negotiations are held in camera. At least since a certain leak was closed. Currently, negotiations are going on very intensively about details, because the first, non-binding declaration of intent expired yesterday.
However, this does not detract from the matter, because sales and reconstruction continue. The new agreement is said to be “watertight” so that it can be converted into a final sales contract. That takes time and a lot of meticulous little work. I think the schedule could be shaky. However, everything is fine for Saab, no danger. I heard that very clearly today. More details will follow (possibly) as soon as information is available.
Let us remember Vladimir Antonov. The man whom the ECB rejected as Saab shareholder because the Lithuanian National Bank regarded its bank as, well, shaky? Antonov had granted a loan to a Russian company that had previously crashed at all banks. That was not good. There were also other allegations and strange stock deals.
Now it has happened. Vladimir Antonov has a bad day today. The Lithuanian National Bank has collected Antonov's bank “Snoras”. So put under forced administration. Too many bad loans. Lars Carlström, Antonov's spokesman, said it was "... caught cold ..."
Maybe the Luxembourg bank was right after all? Wouldn't Antonov have been the solution to Saab's problems but would have become a problem himself in the medium term? Whatever. Tomorrow is a new day and life goes on. Also for Vladimir Antonov.