SAS approves SEK6 billion rights issue

SAS Group shareholders last Friday approved a rights issue expected to raise up to SEK6.06 billion ($704.9 million) before costs, in which each share held on March 18 will entitle the holder to subscribe to 14 new shares at SEK2.63 each. The company's share capital was reduced by SEK1.23 billion...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.