17-Jun-2013 9:36 AM
SAS Receives Approval to Sell Wideröe and Renegotiates the Credit Facility
Direct News Source
14-Jun-2013 The SAS Group's (STO:SAS) (OSE:SASNOK) sale of Wideröe Flyveselskap AS has been approved by the Norwegian competition authority. The closing of the sale is expected to take place in September 2013. The cost reductions and the divestments performed in accordance with the 4XNG plan will lead to an improvement in SAS financial position and liquidity.
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