In April ThyssenKrupp Industrial Solutions AG, a subsidiary of ThyssenKrupp AG, and Saab AB signed a non-binding Memorandum of Understanding concerning the sale of the Swedish shipyard ThyssenKrupp Marine Systems AB (formerly named Kockums) to Saab AB. The discussions are at a final stage but still ongoing. An agreement with ThyssenKrupp Industrial Solutions AG has not been signed. Further information will be announced when negotiations have ended and an agreement is signed.
Saab has chosen to clarify the status of these discussions due to information published in the media.
Press release from April 14thon the non-binding Memorandum of Understanding:
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.
For further information, please contact:
Saab Press Centre, +46 (0)734 180 018, presscentre@saabgroup.com
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on June 26 2014 at 09.40.
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http://news.cision.com/saab/r/saab-still-in-on-going-talks-concerning-an-acquisition-of-thyssenkrupp-marine-systems-ab,c9608136
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