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SAAB — M&A Activity 2011
Apr 8, 2011
2958_rns_2011-04-08_cc86a959-47ed-4815-9eb0-6e3a50d9896c.pdf
M&A Activity
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PRESS INFORMATION
Date Reference April 8 2011 CU 11-018
Page 1 (1)
Saab receives additional consideration for divestment of Saab Space
Saab receives additional consideration for the divestment of Saab Space of MSEK 60. The consideration will be recorded as a capital gain in the second quarter 2011.
On July 15, 2008, Saab announced the divestment of Saab Space to Swiss Aerospace and Defence group RUAG Holding AG.
In addition to the fixed purchase price of MSEK 335 Saab was entitled to an additional consideration if Saab Space generated a positive performance over a certain time period.
The result for the additional consideration is MSEK 60 and will be recorded as a capital gain in the second quarter 2011.
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers' changing needs.
For further information, please contact:
Saab Press Centre, +46 (0)734 180 018
www.saabgroup.com
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on April 8 at 15.00.
Corporate ID number Internet address
+46 (0)13 18 00 00 +46 (0)8 463 0152 Linköping SE556036079301
556036-0793 www.saabgroup.com