Brief: SAS Applies For Company Reorganization In Sweden

Sas AB

27/03/2024 08:08

March 27 (Reuters) - SAS AB  SAS.ST :
    * SAS AB APPLIES FOR COMPANY REORGANIZATION IN SWEDEN -
OPERATIONS
CONTINUE AS NORMAL
    * OPENING OF PROCEEDING IS SUBJECT TO APPROVAL BY STOCKHOLM
DISTRICT COURT
    * APPLICATION IS MADE ONLY IN RELATION TO LISTED PARENT
COMPANY OF
SAS GROUP, SAS AB, AND NOT ANY SUBSIDIARIES OR AIRLINE
    * SAS' OPERATIONS AND FLIGHT SCHEDULE WILL REMAIN UNAFFECTED
BY
REORGANIZATION PROCEEDING
    * OPERATIONS AND FLIGHT SCHEDULE WILL REMAIN UNAFFECTED
    * EXPECTS TO EMERGE FROM ITS RESTRUCTURING PROCEEDINGS
AROUND END
OF FIRST HALF OF 2024

Source text for Eikon:  ID:nWkr1qFKb2 
Further company coverage:  SAS.ST 

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