FACTBOX-Russian businessman Antonov eyes stake in Saab

April 6 (Reuters) – Dutch-owned carmaker Saab has had
problems paying its bills to suppliers and has been forced to
halt output, raising questions over its long-term survival.
[ID:nLDE7350P1]

Its main hope is financing from Russian businessman Vladimir
Antonov, who has said he wants to make a comeback as a
shareholder.

Here are some details about Antonov:

* THE SAAB DEAL:

— Spyker (SPYKR.AS: Quote, Profile, Research) has applied to allow Antonov back as a
shareholder to the Swedish Debt Office, which must give its
approval as Sweden has guaranteed a 400 million euro ($568.9
million) EIB loan.

— Antonov, who has said he has been the target of false
allegations of money laundering and other financial crimes, was
ousted from Spyker’s deal to buy Saab from General Motors (GM.N: Quote, Profile, Research)
in 2010. He has said investigations have cleared his name and
that GM, which retained preference shares in Saab and is also a
supplier, is now ready to let him back as a shareholder.

* LIFE DETAILS:

— Born in 1975 in Uzbekistan, where his father worked at a
uranium enrichment plant, he graduated from the Plekhanov
Russian Academy of Economics.

— In an interview on his website, www.vladimirantonov.org,
he says he made his fortune while trading Russian debt at a bank
called Lefco Bank during the 1998 crisis and then cheaply bought
a Russian bank, Akademkhimbank (ACH), in 1999. He says he
specialises in turning troubled companies around.

— In February 2003, ACH acquired from MDM group 85 percent
of Conversbank, what became the start of holding company Convers
Group, which is shared by Antonov and his father Alexander
Antonov. The group says it has assets under management worth $7
billion.

— Convers Group consolidated some of its banking assets in
Russia, including Conversbank, Grankombank and Voronezhprombank
into Kaliningrad-based Investbank. In March 2011, Antonov sold
its whole 40 percent stake in Investbank.

— Antonov’s key assets now include Lithuanian Snoras bank,
which was the fifth-largest bank by assets totaling 7.7 billion
litas ($3.2 billion) at the end of 2010. Conversbank acquired a
majority stake at Snoras in 2003, and Antonov become direct
holder of 68.1 percent in 2007. Antonov is chairman of the
bank’s supervisory board and his father is also on the board.

— Snoras has launched a new share issue of 380 million
litas, and said UK-based JFP Emerging Europe Momentum Fund was
expected to become its new shareholder with more than 9 percent,
while Antonov’s stake was to decrease to 61.3 percent.

— Via Snoras, Antonov owns Latvian bank Latvijas Krajbanka.
The bank’s assets totaled 656 million lats ($1.32 billion) as of
end-2010.

— Antonov’s father was shot and wounded in an attack in
Moscow in March 2009.

Sources — Kroll report released by the Swedish Debt Office,
an IPSA report commissioned by Antonov and Antonov’s website

(Writing by David Cutler, London Editorial Reference Unit;
Additional reporting by Patrick Lannin in Stockholm and Nerijus
Adomaitis in Vilnius; Editing by Erica Billingham)

FACTBOX-Russian businessman Antonov eyes stake in Saab