Air France-KLM take 20% stake in SAS for €138 million
Air France-KLM take 20% stake in SAS for €138 million
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Air France-KLM take 20% stake in SAS for €138 million
Air France-KLM welcomes today’s announcement by SAS AB’s Board of Directors that the Air France-KLM Group, Castlelake, L.P., on behalf of certain fund...
Under the new structure Air France-KLM will hold approximately 19.9 per cent of the equity  
Air France-KLM Group would take a 19.9% stake in the Scandinavian carrier under a proposed restructuring. SAS has been in Chapter 11 bankruptcy since July 2022.
Paris, October 3, 2023 Air France-KLM to team up with SAS AB through equity and commercial cooperation Air France-KLM to take up to a maximum 19.9% non-controlling stake in the share capital of the...