SAS sheds 7% government stake

Eleanor Steed
By Eleanor Steed October 18, 2016 16:31

SAS sheds 7% government stake

The governments of Sweden and Norway have disposed of a 7% stake in SAS Scandinavian Airlines, which raised SEK356.5 million kroner (US$40.3 million).

Sweden shareholding in SAS has been reduced to 17.2% from 21%, with Norway’s share dropping to 11.5% from 14%. Denmark has retained its full 14% stake and did not participate in the sale.

Eleanor Steed
By Eleanor Steed October 18, 2016 16:31