With an overwhelming majority, Spyker’s shareholders have approved the takeover plan for GM’s Swedish unit Saab, with the goal set at making the new entity profitable within two years. According to just-auto.com, out of the 8.4 million shares represented at Spyker’s meeting, only 1,174 abstained, allowing for the deal to be approved.
According to the source, the approval of the plan and its terms include a dual listing in Stockholm and London, as well as the confirmation of the plans to prod… (read more)