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SAS acquire 100% Ownership in Spanair as preparation for divestment

June 26, 2007 17:19

SAS has agreed with Spanair’s minority shareholder, Teinver, to increase SAS’ ownership in Spanair to a level representing 100 percent from 94,9%.

The transaction will be completed today June 26, 2007.

The SAS Group stated on June 13 its intention to divest Spanair and this transaction should be seen as a step in the preparation of this process.

For further information, contact Head of IR Vice President Sture Stölen + 46 70 997 1451

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