UPDATE 1-Saab ends deal with Youngman, Pangda

Newswire

(Adds details) * Saab says Youngman, Pangda buyout offer unacceptable * Talks between the companies ongoing AMSTERDAM, Oct 24 (Reuters) - Swedish car maker Saab said late on Sunday it has terminated a 245 million euro ($340 million) investment deal with China's Zhejiang Youngman Lotus Automobile Co and Pangda Automobile Trade Co , raising fresh doubts over Saab's future. In June, Saab's owner, Dutch-listed Swedish Automobile , signed a provisional deal for Youngman and Pangda to each ...

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