Victor Muller describes Spyker’s acquisition of Saab as the world's biggest bargain, saying that the move was “a no-brainer.” He said that for $74 million, Spyker was able to buy a company worth $1.1 billion. In the process, Spyker also received several vehicle programs.
Spyker gets access to nearly $550 million, which is provided by the European Investment Bank and the Swedish government. Saab also now owns a state-of-the-art assembly plant and engineering center in Trollhattan, Sweden, as well as a crash laboratory, wind tunnel and climate chamber.
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