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Mahindra & Mahindra, India's biggest sport-utility vehicle manufacturer, is interested in buying at least parts of bankrupt Swedish carmaker Saab Automobile, two people familiar with the situation said.
Mahindra, based in Mumbai, is in the process of trying to set up meetings with the two court-appointed administrators who are overseeing Saab's bankruptcy to possibly buy parts of the carmaker or the whole company, said the people, who declined to be identified because the plans are private. Mahindra has yet to hold discussions with the administrators, the people said.
Mahindra said to be interested in Saab
Mahindra, based in Mumbai, is in the process of trying to set up meetings with the two court-appointed administrators who are overseeing Saab's bankruptcy to possibly buy parts of the carmaker or the whole company, said the people, who declined to be identified because the plans are private. Mahindra has yet to hold discussions with the administrators, the people said.
Mahindra said to be interested in Saab