The daily business news. We can not escape that. The Saab administrators have spoken again. It is the first press conference in a long time, which is interesting. 14 to 15 reputable interested parties should be there for Saab, including 6 to 7 bidders who want to take over the car company completely.
Can we unequivocally identify 6 to 7 bidders for the complete purchase? We can not do it. Because it's not that easy. For one thing, not always the potential buyers negotiate locally. They send plenipotentiaries to the front, and are represented by accountants and banks. On the other hand, the motivation of some complete buyers is completely in the dark, with other parties, one can guess a rough direction.
It is tricky and only the bidders who go to the press are undoubtedly certain. Mahindra, Brightwell, BAIC and Youngman. Another group, but in the future does not necessarily have to play a major role. If we were at 5 bidders in the best case, one or two interested parties are still missing for the complete takeover.
All open. I have no idea who else is behind it. The connections to Sweden are good, and the flow of first-hand information is there too. However, it is no longer a game in the current phase. Many people over the past few weeks have given me tremendous confidence. There is a lot at stake here, and after a few days' talk, things are getting too hot for me. It's an auto blog, it's a hobby, but it's also responsibility. I miss the missionary awareness of other bloggers at this point. So the reporting goes on in the business section with the handbrake applied.
Back to the administrators. That not the highest bid is automatically awarded the contract has been confirmed. Because it is about sustainability and jobs. All bidders must now sign the declaration of confidentiality and then access the processed data. The firewall stops (almost) completely.
The things in Sweden are developing well. That should count. Daily speculation and the hope for sensations in the current situation can only be harmful. Investors are watching us, they have been reading for months. They test the mood, check the market acceptance of the Saab brand.
So we stay cool in the final stages. We still have five or six weeks to go. We are trained with the factor "patience". A few more weeks. Just be patient. Then - again ... until the start of production. 😉