The Wallenberg family-controlled firm Investor has reached an agreement with BAE Systems to acquire 11,166,173 B-shares in Saab AB, corresponding to 10.2% of the capital, at a price of SEK 95.50 per share, or SEK 1,066 million in total.rnPrior to the transaction, Investor owns 4,207,123 A-shares and 17,404,802 B-shares in Saab AB, corresponding to 19.8% of the capital and 38.0% of the votes. Investor will use the existing right in Saab AB's Articles of Association to convert 2,300,000 A-shares to B-shares in conjunction with therntransaction. BAE Systems has also today communicated that it will convert all its A-shares to B-shares.
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