Saab Confirms Divestment of Shares in Vricon

With reference to earlier announcement, Saab has now received a call option exercise notice from Maxar Technologies, Saab’s partner in the joint venture company Vricon Inc., to acquire all Saab’s shares in the company. The purchase price is 117 MUSD.

The transaction’s financial implication for Saab will be a positive cash flow effect of 117 MUSD and a preliminary capital gain of approximately 1 BSEK. The agreed objective is to close the transaction by or before July 15, 2020.

%d bloggers like this: