Swedish Automobile (SWAN.AS), owner of cash-strapped car maker Saab, said it would sell its Spyker luxury sports car business to the private equity firm of racing car enthusiast Alex Mascioli for about 32 million euros ($44 million).
Swedish Automobile has struggled for months to stave off bankruptcy, seeking new investors and selling off various assets so that it could pay suppliers and employees and resume production at its Saab plant in Sweden.
Last week, Saab … More
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