Swedish Automobile N.V. owner of money-strapped Saab, announced nowadays that it has reached an agreement with US-based private equity firm North Street Capital LP concerning the primary terms for the sale of its Spyker luxury sports automobile company.
North Street Capital LP is based in Greenwich, Connecticut and its managing partner, Alex Mascioli, also doubles as a race automobile driver.
The Swedish business said it will get €32 million ($ 43.6 million USD) “if and when the sale
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