Brief: Pegasus Airlines Says It Concludes Agreement For Acquisition Of Czech Companies České Aerolinie, Smartwings Group And Its Units For 154 Mln Euro
08/12/2025 06:29
Dec 8 (Reuters) - Pegasus Hava Tasimaciligi AS PGSUS.IS: PEGASUS AIRLINES - CONCLUDES AGREEMENT FOR ACQUISITION OF CZECH COMPANIES ČESKÉ AEROLINIE, SMARTWINGS GROUP AND ITS UNITS PEGASUS AIRLINES - TOTAL CONSIDERATION FOR ACQUISITION SET AT EUR 154 MILLION PEGASUS AIRLINES - SIGNS AGREEMENT WITH PRAGUE CITY AIR AND UNIMEX GROUP PEGASUS AIRLINES - DEAL COMPLETION CONDITIONAL ON OBTAINING NECESSARY APPROVALS PEGASUS AIRLINES - COMPLETION EXPECTED IN 2026 FOLLOWING RECEIPT OF APPROVALS PEGASUS AIRLINES - BOARD RESOLVES ON INCORPORATION OF NEW SUBSIDIARY IN NETHERLANDS THROUGH WHICH SMARTWINGS SHARE ACQUISITION WILL BE IMPLEMENTED Source text: nIKA8gtrYL Further company coverage: PGSUS.IS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com;; +48 58 7696600;))
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