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Provider: Reuters Investment Profile
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$20.00
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Provider: Wright Reports
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$472.00
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Provider: GlobalData
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$125.00
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Provider: GlobalData
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$125.00
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Saab AB Updates on Acquisition of HITT N.V.
Saab AB (Saab) announced that in connection with the recommended public offer by Saab for all the issued and outstanding ordinary shares in the capital of HITT N.V. (Hitt) pursuant to the offer document published by Saab on August 6, 2012 (Offer Document), Saab fully committed to the Hitt transaction after the agreed acquisition of 53% shares in Hitt from the majority shareholder Hitt Holding. Saab's offer becomes an unconditional mandatory offer for increased offer price of EUR 7.00 per each Hitt share. Hitt continues to support and recommend the increased and now mandatory Saab offer.
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