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AccessMyLibrary    Browse    A    Airline Business    JUN-01    SAS to buy troubled Braathens.(Scandinavian Airlines System to acquire Braathens S.A.F.E. A/S)(Brief Article)

SAS to buy troubled Braathens.(Scandinavian Airlines System to acquire Braathens S.A.F.E. A/S)(Brief Article)

Publication: Airline Business

Publication Date: 04-JUN-01

Author: Baker, Colin
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COPYRIGHT 2001 Reed Business Information Ltd.

In a move which effectively completes the process of consolidation in the Scandinavian market in recent years, SAS has agreed to buy Norway's Braathens.

Presuming that clearance is given to the deal from Oslo and Brussels, SASwill purchase the 38%stake held by the Braathens family, plus the 30% held...

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