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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). The remaining €30 million will be in the form of a convertible loan agreement in the amount of €30 million with a 6-month maturity, an interest rate of 7% per annum and a conversion price of €4.88