Genii working to improve bid for Saab-spox

Newswire

STOCKHOLM, Jan 12 (Reuters) - Luxembourg-based investment firm Genii Capital is working to improve its offer for ailing Swedish carmaker Saab [GM.UL], a spokesman for Genii said on Tuesday.

"Genii is working on various improvements in its bid," Lars Carlstrom, who is coordinating a joint bid for Saab from Genii Capital and Formula One supremo Bernie Ecclestone, told Reuters.

"Genii hopes to improve its bid so that it becomes more attractive for GM."

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