UPDATE 1-GM moves toward OK of Russian investor in Saab

Newswire

DETROIT, April 28 (Reuters) - General Motors Co said on Thursday it has given its tentative approval for Russian financier Vladimir Antonov to become a major shareholder in Spyker Cars' struggling Saab unit. Antonov was also given the green light to invest in carmaker Saab, a former GM unit, by the Swedish Debt Office on Thursday. Antonov has applied to buy as much as 30 million euros $44.4 million) for a stake in Saab of up to 29.9 percent. The GM statement says: "GM continues to be ...

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