Norwegian Air requests Norwegian Competition Authority to overturn Wideroe takeover ban

Norwegian Air has requested the Norwegian Competition Authority (NCA) overturn its proposed ban on the airline’s takeover bid of domestic rival airline, Wideroe. Norwegian had announced the deal on July 6, 2023, valued at 1.13 billion Norwegian crowns (USD103.90 million). However, NCA announced on November 17, 2023, that it is considering a ban on the takeover. “Norwegian strongly disagrees with the NCA’s preliminary assessment,” Norwegian said in a filing to the Oslo Stock Exchange. The statement added that it is “disappointed that the majority of documentation provided to the NCA, both written and during meetings, have not been taken into