Sweden's Saab keeps court protection for now, administrator says

Newswire

STOCKHOLM, Nov 8 (Reuters) - Ailing car maker Saab will still for now enjoy legal protection from creditors, the court-appointed lawyer overseeing a reconstruction process for the company said on Tuesday after General Motors rejected a Chinese bid to take over the Swedish company. GM on Monday said it would stop supplying components and technology to Saab if two Chinese companies succeeded with their acquisition bid. The statement represented a hardening in GM's opposition to the proposed ...

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