The Swedish government is working to enable Saab Automobile to receive a commercial bank loan to let the cash-strapped Swedish carmaker avoid bankruptcy, three people familiar with the situation said.
The loan would most likely come from Bankas Snoras in Lithuania, which is controlled by Russian investor Vladimir Antonov, said one of the people, who declined to be identified as the talks are private. Antonov is seeking to take a stake in Saab’s owner Spyker Cars NV.
