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14 December 2019 The on-line newspaper devoted to the world of transports 22:25 GMT+1

December 18, 2001

Braathens shareholders OK takeover

Scandinavian Airlines (SAS) said Monday that 98 percent of the shareholders in rival domestic carrier Braathens had agreed to accept SAS' takeover bid. Approval from at least 90 percent was needed for the deal to go through.

SAS said it now expects the remainder of its terms to be accepted as well.

SAS is buying up Braathens shares for NOK 27 each in a deal ......
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