SAS Scandinavian Airlines said it has received strong interest from investors in its issue earlier this month of approximately seven million preference shares with a value of SEK3.5 billion ($540 million). “The demand has exceeded our expectations several times over and has resulted in significant oversubscription,” SAS CEO Rickard Gustafson said. “The issue will provide the appropriate conditions for SAS to reach its financial targets ahead of what would otherwise have ...

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