Spyker to be Sold to US-based Equity Firm for €32 million
SEPTEMBER 29, 2011
Swedish Automobile N.V. [Swan] owner of cash-strapped Saab, announced today that it has reached an agreement with US-based private equity firm North Street Capital LP concerning the main terms for the sale of...
Analyst: GM equity may vanish in bailout
DETROIT (Reuters) -- General Motors' equity may be largely if not entirely wiped out as it complies with the restructuring targets laid out in the U.S. auto bailout, an analyst at Credit Suisse said.
"Over the next two months ... it...