Sale of Pa­tria’s shares to Kongs­berg com­pleted

SP's MAI - - CORPORATE NEWS -

The com­pe­ti­tion au­thor­i­ties have granted their ap­proval con­cern­ing sale by State of Fin­land of 49.9 per cent of the de­fence com­pany Pa­tria Oyj to Kongs­berg De­fence & Aero­space AS. The to­tal value of the trans­ac­tion is EUR 283,5 mil­lion. The State of Fin­land now owns 50.1 per cent of Pa­tria Oyj.

Chris­ter Gran­skog (elected as the Chair­man of the Board) and Marko Hyväri­nen, will con­tinue as mem­bers of the Board of Di­rec­tors. Ari Puh­eloinen, Päivi Mart­tila, Har­ald Aarø, Geir Håøy, Har­ald Ånnes­tad and Janne Sølvi We­seth were elected as new mem­bers of the Board of Di­rec­tors.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.