24-Dec-2010 1:34 PM

SAS surges on Lufthansa buy-in speculation

Analysis

Shares in Scandinavian carrier SAS soared 14% yesterday - the stock's biggest one day gain in eight months - on speculation reported by Bloomberg that Lufthansa is preparing to announce acquisition plans for the airline as early as 1H2011.

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SAS surges on Lufthansa buy-in speculation

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