SAS acquire 100% Ownership in Spanair as preparation for divestment
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