Maxar Technologies exercises option to acquire Saab's shares in Vricon

Saab divests all its shares in the joint venture Vricon Inc. to Maxar Technologies for 117 MUSD. The transaction is expected to close by July 15, 2020.

“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.”saab.com

• 2 sources
• saab.comSaab confirms divestment of shares in VriconJun 25, 2020
• businesswire.comMaxar Technologies Completes Acquisition of Vricon, Inc.Jul 1, 2020

Summarized from public sources; check the original articles before acting on it.