Shareholders of Dutch car maker Spyker have given overwhelming support to the takeover of Saab, the ailing Swedish car manufacturer. A majority of them expressed their approval of the deal at a shareholders' meeting in the town of Zeewolde, where Spyker's headquarters are.
The Dutch Association of Shareholders, a watchdog group, claims that Spyker's director Victor Muller is considering withdrawing Spyker from Amsterdam's Euronext stock exchange if the company fails to become profitable. As an alternative he is considering a double presence of Saab-Spyker on the London and Stockholm stock exchanges.
The takeover will cost Spyker 74 million dollars, 50 million of which has been secured by Mr Muller. The remaining 24 million needs to be found by July.
© Radio Netherlands Worldwide
A Spyker car
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