GM Acquires Outstanding Subordinated Loans in Saab Automobile

  from Investor AB   Business Editors   STOCKHOLM, Sweden--(BUSINESS WIRE)--Jan. 15, 2001--Investor AB and  General Motors (GM) have reached an agreement whereby GM will acquire  for SEK 4,050 million Investor's outstanding subordinated loans to  Saab Automobile, which were granted as part of a previous financial  restructuring.   In January 2000, GM called for the acquisition of Investor's  remaining stake in Saab Automobile in accordance with an option  agreement signed in 1996. After today's agreement, Investor has no  further financial interests in Saab Automobile.   "Today's agreement is a logical step since Investor divested its  holding in Saab Automobile earlier. The agreement now releases  resources for our ongoing investment activities," commented Investor  President and CEO Marcus Wallenberg in a statement.   INVESTOR AB   ------------------------------------------------------------  This information was brought to you by BIT  The following files are available for download:     
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