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Saab: signed a MoU with the Indian company Pipavav

Linkoping, Sweden - The industries also signed a Technical Partnership Agreement (TPA)

In August 2012 defence and security company Saab announced that a Memorandum of Understanding (MOU) had been signed concerning a strategic investment in the listed Indian company Pipavav Offshore and Defence Engineering Ltd (Pipavav). The investment of MSEK 250 has now been made in shares issued through a, to Saab, directed share issue. After the investment, Saab holds approximately 3.3 per cent of...

fra/pec - 1152529

AVIONEWS - World Aeronautical Press Agency
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