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Saab AB and ThyssenKrupp AG signs MoU on acquisition of ThyssenKrupp Marine Systems AB

Monday, 14 Apr 2014 01:22am EDT 

Saab AB:Says that ThyssenKrupp Industrial Solutions AG, subsidiary of ThyssenKrupp AG, and Saab AB signed non-binding memorandum of understanding concerning sale of Swedish shipyard ThyssenKrupp Marine Systems AB (formerly named Kockums) with operations in Malm√∂, Karlskrona and Musk√∂ to Saab AB.Both parties agree that during negotiations phase, integrity and operating ability of ThyssenKrupp Marine Systems AB must be safeguarded.Says negotiations between Saab AB and ThyssenKrupp Marine Systems AB are at an early stage and more information will follow. 

Company Quote

2.9 +1.45%
19 Dec 2014