Norwegian to acquire Widerøe for NOK 1,125 million

Norwegian has entered into an agreement with WF Holding AS to acquire Widerøe for a cash consideration of NOK 1,125 million. The purchase price is subject to certain adjustments after closing, including in respect to the profitability of Widerøe in 2023. This acquisition will provide customers with a broader route network and more choices as Widerøe covers more than 40 small and medium-sized airports across Norway, in addition to a few larger airports in Europe, while Norwegian offers more than 300 routes to 114 destinations in the Nordics and in Europe. The acquisition will also contribute to securing local jobs