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SAS gives up Estonian Air shares to the Estonian Government
Tallinn, Estonia - That thanks to the financial operation will have 90% of the national carrier
Since 2003 SAS has a 49% ownership in the Estonian based Estonian Air. According to the Core SAS strategy with focus on the Nordic home market this stake has been set out for divestment. The SAS Group has reached an agreement, in principle, with the Estonian Government that will result in SAS divesting its 49% stake. The Estonian Government will provide approx MSEK 205 of new capital in a new r...
fra/pec - 1117952
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency