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Saab AB acquires ThyssenKrupp Marine Systems AB


Sunday, 29 Jun 2014 04:00pm EDT 

Saab AB:Says it has entered into an agreement with ThyssenKrupp Industrial Solutions AG regarding the acquisition of ThyssenKrupp Marine Systems AB (TKMS AB, formerly Kockums).Says the purchase price is 340 million Swedish crowns.Says this acquisition is in line with Saab’s ambition to increase its capabilities in the naval domain and strengthens Saab’s status as a supplier of military systems. 

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195.4
-0.5 -0.26%
7:19am EDT