The SAS Group has signed an agreement to sell its 47,2% holding in airBaltic to the management of airBaltic. The sales price amount to MLAT 14 (approx MSEK 220) will be paid in cash no later than 31. January 2009. The transaction results in a capital gain of approximately MSEK 175 for the SAS Group. SEB Enskilda has been acting as financial adviser for SAS Group in this transaction.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada