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Air France-KLM holds 19.9% of SAS but the investment plan had included provisions through which its stake could increase, potentially enabling Air France-KLM to become a controlling shareholder.
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AirlineGeeks on MSNAir France-KLM to Take Control of SASAir France-KLM announced Friday that it will take a majority stake in Scandinavian Airlines, the national airline of Denmark, Norway, and Sweden.
Today, on July 4, Air France-KLM announced that it will initiate proceedings to take a majority stake in Scandinavian Airlines (SAS). The group currently holds a 19.9% stake and intends to raise its ...
Paris, 28 August 2024 The Air France-KLM Group completes acquisition of a non-controlling stake in the share capital of SAS AB. Extensive commercial cooperation to begin September 1, 2024 The Air ...
From Skadden in Paris to Bech-Bruun in Copenhagen and J+ Legal in Lisbon, the consolidation of the European aviation industry is bringing work to law firms.
Air France-KLM Group opted to accelerate its acquisition of a controlling share in SAS after seeing the Scandinavian carrier’s rapid progress on financial and operational improvement. Speaking ...
The value of Air France-KLM's proposed acquisition of stakes will be determined at closing, based on SAS's latest financial performance. The transaction is expected to be closed in the second half ...
Air France-KLM is looking to increase it’s stake in Scandinavian carrier SAS to 60.5% from 19.9%. EPA. The value of the investment would be determined at closing, based on SAS’s latest ...
Air France-KLM intends to increase its stake in SAS's share capital, from 19.9% currently to 60.5%, via a full acquisition of the stakes held by Castlelake and Lind Invest.
No longer the Lufthansa Group, with Eurowings, Swiss, Austrian, Air Brussels, ITA being the only dominant airline group in ...
Air France-KLM has completed its acquisition of a 19.9% stake in SAS in a deal that could one day see the group take majority control of the carrier.
Air France-KLM is mulling ways to expand its presence in South America and may pursue an acquisition of TAP Air Portugal. According to Airline Weekly, the potential deal is part of a wave of ...
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