UPDATE 1-Spyker to sell sportscar business, focus on Saab

Newswire

* Spyker to sell sportscar business to Russian businessman * Listed company to focus on Saab after divestment * Proceeds of up to 32 million euros to pay down debt * Shares up 1 pct after opening down 4 pct (Adds further details, background) AMSTERDAM, Feb 24 (Reuters) - Spyker Cars , the loss-making Dutch sports carmaker which acquired the much larger Saab business last year, said it is to sell its original luxury car business to a Russian investor. It said the sale, which could ...

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