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Saab completes Kockums acquisition

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Saab has completed the SEK340 million (USD49.6 million) purchase of Swedish shipyard ThyssenKrupp Marine Systems AB (TKMS AB formerly Kockums) from German industrial group ThyssenKrupp, Saab announced on 22 July. The business will be re-named Saab Kockums and become a business unit within Saab's

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