Saab, controlled by Sweden’s powerful Wallenberg family, is investing around 1.4 billion kronor in the holding company, giving it a 7.5 percent share. The Wallenberg’s holding company, Investor is buying a further 2.5 percent of Aker Holding.
Aker Kvaerner provides technological and construction services to the oil and gas industry. Saab said in a statement on Friday that the deal depends on the approval of the Norwegian Parliament, likely to take place in the autumn.
