Arab Today, arab today saab set to buy swedish thyssenkrupp shipyards
Last Updated : GMT 04:24:07
Arab Today, arab today
Arab Today, arab today

Saab set to buy Swedish ThyssenKrupp shipyards

Arab Today, arab today

Arab Today, arab today Saab set to buy Swedish ThyssenKrupp shipyards

Saab's gripen fighter
Stockholm - AFP

Swedish defence and aeronautics group Saab said on Thursday it was heading towards the acquisition of a submarine shipyard in Sweden owned by German ThyssenKrupp.
Saab, which announced in April it had a memorandum of understanding on buying the subsidiary ThyssenKrupp Marine Systems, said in a statement that "the discussions are at a final stage but still ongoing".
The financial details of a possible deal were not disclosed by the group.
"The memorandum of understanding is in line with Saab’s ambition to expand its activities in the naval area and meets the needs of Sweden for an industrial solution regarding design, production and maintenance of submarines and warships," Saab said in the April statement.
Sweden is one of the world's biggest arms exporters per capita, and Saab is the country's main defence equipment company.
The Swedish group reacted to a report in regional paper Blekinge Laens Tidning, which speculated on an imminent agreement citing sources linked to the negotiation.
"Only the details need to be sorted out for the transaction to be completed," the newspaper wrote.
"The sale should be official by the end of the week."
The subsidiary, formerly known as Kockums, operates in the southern Swedish ports of Malmoe, Karlskrona and Muskoe and has about 1,000 employees.
Saab's shares were down by 0.24 percent on the Stockholm stock market in morning trading. The overall market was down 0.30 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today saab set to buy swedish thyssenkrupp shipyards Arab Today, arab today saab set to buy swedish thyssenkrupp shipyards

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today saab set to buy swedish thyssenkrupp shipyards Arab Today, arab today saab set to buy swedish thyssenkrupp shipyards

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday