UPDATE 2-Swedish Auto to sell Spyker for 32 mln euros

Newswire

* Expects net proceeds of 32 mln euros from Spyker sale * Proceeds to repay CEO Muller's investment company * Swedish Automobile shares up 8 pct (Adds share price, details) By Roberta B. Cowan AMSTERDAM, Sept 29 (Reuters) - Swedish Automobile , owner of cash-strapped car maker Saab, said it would sell its Spyker niche luxury sportscar business to U.S. private equity firm North Street Capital, led by racing car enthusiast Alex Mascioli, for about 32 million euros. Swedish Automobile has ...

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