Sweden’s Saab AB yesterday said it has completed its acquisition of Sensis Corp., marking the company’s first purchase of a company in the United States. The deal was approved by the U.S. Trade Commission and the Committee on Foreign Investment in the U.S. Saab said it paid about $150 million to acquire Sensis and has agreed to pay up to $40 million more in earn-out fees. Saab Sensis will operate as a U.S. subsidiary within Saab Group. Saab Sensis had…
Saab Completes Acquisition of Sensis
Defense Daily Staff
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