newstodate.aero
Jun 28, 2018 (newstodate): The aviation industry is watching an imminent change of ownership of SAS, so far jointly-owned by the three Scandinavian states alongside private investors.
Norway has thus announced its intention to sell its stake in SAS while Sweden has already earlier declared its go-ahead for the sale of the state-owned shares.
Only the Danish government has so far denied any intentions of selling its stake in the Scandinavian carrier.
That might eventually leave SAS in the hands of a large financial investor alongside the Danish state and a number of private investors.
With SAS free from state ownership, the road would then be paved for a later sale of the majority of shares to another airline group.
The SAS Group is still partially owned by the governments of Sweden, Denmark, and Norway, with a 21.4, 14.3, and 14.3 percent ownership, respectively.
The remaining 50 percent is held by private owners, of which Foundation Asset Management owns 7.6 percent.
Norway has thus announced its intention to sell its stake in SAS while Sweden has already earlier declared its go-ahead for the sale of the state-owned shares.
Only the Danish government has so far denied any intentions of selling its stake in the Scandinavian carrier.
That might eventually leave SAS in the hands of a large financial investor alongside the Danish state and a number of private investors.
With SAS free from state ownership, the road would then be paved for a later sale of the majority of shares to another airline group.
The SAS Group is still partially owned by the governments of Sweden, Denmark, and Norway, with a 21.4, 14.3, and 14.3 percent ownership, respectively.
The remaining 50 percent is held by private owners, of which Foundation Asset Management owns 7.6 percent.