Today Investor announces that they will acquire shares in Saab AB from BAE Systems worth SEK 1,066 m. in total, corresponding to 10.2 percent of the capital.
...BAE Systems has also communicated its intention in due course to divest its remaining holding in Saab AB.
In 1995, Saab AB and BAE Systems created a 50/50 Joint Venture to develop and explore the Gripen Export business. Since then, Saab AB has gradually built up internal export sales competence relating to Gripen. In 2004, Saab AB assumed full responsibility for subsequent export campaigns and in 2005 BAE Systems reduced its ownership in Saab AB to 20.5 percent of the capital and 20.3 percent of the votes.
(Source)
Related links:
Investor storhandlar i Saab - DN.se (Swedish)
Investor köper Saab-aktier - NyTeknik (Swedish)
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