Is This "Reverse" Foreign Investment?

From Reuters:

Sweden

's

Koenigsegg

, a niche manufacturer of some of the world's fastest and most expensive sports cars, has struck a deal to buy loss-making

Saab Automobile

from General Motors, the companies said on Tuesday.

In one of the most unlikely pairings in automotive history, the tiny

sports car firm

of 45 staff is expected to take over a company that employs around 3,400, a cherished Swedish brand that became a national icon for stability and reliability.

So a Swedish company is buying a Swedish brand from a U.S. parent company.  Is this "reverse" foreign investment?  I suppose it is just undoing a previous foreign investment.