U.K.'s Alvis plc buys Swedish military vehicle maker Hagglunds
The Swedish government approved the sale of Hagglunds Vehicle, a subsidiary of Incentive AB, to Alvis plc, a U.K. industrial group, for $127.6 million, Incentive AB said yesterday. Alvis' shareholders also approved the sale, and the divestment is expected to be completed Thursday. Incentive expects...
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