04-Apr-2011 3:44 PM
SAS shares up 3.3% as Norwegian Government decides to sell stake
Analysis
Norwegian Government announced it has decided to sell its 14.3% stake in SAS Group, under a plan to revise state ownership across 52 companies. On Friday, the Norwegian Minister of Trade and Industry, Trond Giske, sought parliamentary approval to sell the stake in the carrier. The governments of Sweden and Denmark also hold stakes in the carrier, controlling 21.4% and 14.3%, respectively.
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