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Saab AB still in talks on acquisition of ThyssenKrupp Marine Systems AB from ThyssenKrupp AG subsidiary


Thursday, 26 Jun 2014 03:40am EDT 

Saab AB:Says that 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. 

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