News

Lufthansa to take over SAS?

12 Sep 2008 by Mark Caswell

German airline
Lufthansa is “examining a takeover of Scandinavia’s SAS” according to a report
by Reuters.

Reuters.com says
that sources have told the website “exclusive negotiations are being held”, but that “a takeover os SAS was not a foregone conclusion”.

Shares in SAS
were suspended following the report, and SAS’ Group Investor Relations has released the following statement:

“Regarding today’s speculations in the media
SAS confirms that it is in the process of evaluating various structural
possibilities for the Group. Within this process SAS is conducting talks about
a possible structural solution. It must be emphasized that no decision has been
taken.”

More information will appear here when
available. Visit flysas.com.

Report by Mark Caswell

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