North Street Capital Buying Spyker

U.S. private equity firm North Street Capital will pay 32 million euro ($43.5 million) to buy the Spyker luxury sportscar business from Swedish Automobile. Cash-strapped Swedish Automobile, which owns car maker Saab, put up several assets for sale recently, attempting to stave off bankruptcy, Reuters wrote. A previous deal for Spyker fell though earlier this year.

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