Mahindra & Mahindra will fight it out with Youngman to acquire Saab Automobile: Yesterday Saab's bankruptcy administrators said that the bidders have until April 10th to submit final bids. According to sources Indian Mahindra & Mahindra will have to fight it out with Youngman in order to acquire the debt-ridden bankruptcy estate's assets.
So it seems that Dagens Industri's sources say that Mahindra and Youngman are best positioned to win this bidding war. But just a few days ago local Trollhättan newspaper TTELA reported that Mahindra and the Japanese-Chinese consortium were the favorites. In other words, nobody seems to know who are favorites. But notice that Mahindra was mentioned in both reports.
