EIB blocks Russian investor Vladimir Antonov from Saab investment

Saab’s troubles are far from over. A few days ago, Saab said that it doesn’t have the cash to pay some of its workers’ salaries and now, it was revealed that Russian businessman Vladimir Antonov didn’t get the approval of the European Investment Bank to rescue Saab. The bank has a veto over ownership issues
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Patronus - 7/30/2011 7:13:29 PM

+2 Boost

If Saab was my dog I would have put it down by now.

mini22 - 7/31/2011 6:39:31 PM

+2 Boost

I think the EIB sounds like "Big Brother" from 1984. I don't understand why this guy can't invest in Saab if he wants to. It sounds like governmental BS to me.