Europe

SAS sheds 7% government stake

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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% st...

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