Miramax has signed on to remake of last year's successful Israeli thriller "The Debt" says The Hollywood Reporter.

The story revolves around three Mossad agents who, 20 years after World War II's end, learn that a Nazi war criminal is still alive and set out to pursue him across Europe.

Assaf Bernstein directed the original which like the remake is set in the 1960s and 1990s.

"Stardust" and "Layer Cake" director Matthew Vaughn and his writing partner Jane Goldman are penning the new version, but Vaughn is not expected to direct.