newstodate.aero
Jun 30, 2008 (newstodate): Singapore Technologies Aerospace Ltd has now completed the take-over of all shares in SAS Component.
In 2005, SAS divested 67 percent of its share in SAS Component, now renamed to ST Aerospace Solutions (Europe) A/S, to SRT.
The latest purchase of the remaining shares follows the exercise of a put option by SAS pursuant to the Shareholders Agreement entered into between SAS and ST Aerospace on March 25, 2006.
In 2005, SAS divested 67 percent of its share in SAS Component, now renamed to ST Aerospace Solutions (Europe) A/S, to SRT.
The latest purchase of the remaining shares follows the exercise of a put option by SAS pursuant to the Shareholders Agreement entered into between SAS and ST Aerospace on March 25, 2006.