When Spyker Cars, a relatively small exotic sportscar maker said that it was interested in buying Saab from General Motors, the suggestion left many shaking their heads.
Now, with Saab in dire straits, it seems the decision has ultimately resulted in Swedish Automobile (the corporation that owns both Spyker Cars and Saab) to consider the sale of the sportscar brand once again, but this time to an American private equity firm by the name of North Street Capital, according to the Financial Times.
This development changes the previous suggested new owner, Vladimir Antonov, a former major shareholder in Spyker and Russian businessman. Antonov has proposed a purchase of the Spyker part of the business for 15 million euros, but the sale was put on indefinite hold.
Now, it appears talks between Antonov and Swedish Automobile have collapsed, and North Street Capital has emerged as the leading bidder. Victor Muller, CEO of Swedish Automobile, declined to comment on the matter when contacted by Reuters.
References
1.’North Street Capital…’ view
