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Air France-KLM Begins Process to Take Majority Control of SAS

Air France-KLM Begins Process to Take Majority Control of SAS

Bloomberg2 days ago
Air France-KLM will initiate the process of raising its minority stake in Scandinavian airline SAS AB to 60.5%, as it looks to extend consolidation in the European aviation industry and better compete with rivals Deutsche Lufthansa AG and British Airways owner IAG SA.
The carrier group will acquire the stakes held by Castlelake LP and Lind Invest for an amount that will be determined by SAS's financial performance at closing, Air France-KLM said in a statement. The Danish government will continue to hold 26.4% in SAS and retains its board seats, according to the statement.
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SEOJuice Launches to Help Websites Automate 95% of SEO
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Associated Press

time27 minutes ago

  • Associated Press

SEOJuice Launches to Help Websites Automate 95% of SEO

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New Miiro Lifestyle Hotel Brand Expands Further In Europe
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Forbes

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  • Forbes

New Miiro Lifestyle Hotel Brand Expands Further In Europe

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How Europe Got Stuck Between Xi's China and Trump's America
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New York Times

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