Latest Aviation News Air transport NORWAY TO SELL REMAINING SAS AIRLINE STAKE

Norway to sell remaining SAS airline stake

AFP
27/06/2018 | 103 words
Norway said Tuesday it would sell its remaining stake of close to 10 percent in Scandinavian airline SAS, also co-owned by Sweden and Denmark.The trade ministry said in a statement it would sell 37,800,000 shares, which correspond to around 9.88 percent of the airline's capital, to "institutional investors"."The Norwegian state is not a long-term owner of SAS," it added.In 2016, Norway and Sweden began to sell off their shares in the airline.Sweden previously said it also planned to sell its remaining 14.8-percent stake in the company. (...)
 
 
 
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