SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

The last day for SAS shares

» Updated: 15 August 2024

» Published: 12 August 2024

The last day for SAS shares
Photo: Johan Nilsson/TT

The last day for trading in airline SAS's existing shares on the stock exchanges in Stockholm, Oslo, and Copenhagen will be tomorrow, Tuesday, August 13, writes SAS in a press release. It will also be the last day for trading with the company's listed so-called hybrid bonds.

The announcement comes after the Stockholm District Court approved a reconstruction plan for SAS, and the plan is to complete the reconstruction by the end of August.

The delisted airline – which previously had the Wallenberg sphere and the Swedish state as two major owners – will, when the process is complete, be controlled by an ownership constellation consisting of Air France-KLM, the investment company Castlelake, the Danish state, and financier Henrik Lind.

The SAS share costs 2 öre ahead of delisting.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Volvo Cars: Not Worried About New US Rules
1 MIN READ

Volvo Cars: Not Worried About New US Rules

Volkswagen wants to sell large stake in Traton
1 MIN READ

Volkswagen wants to sell large stake in Traton

It drives interest in battery metals
2 MIN READ

It drives interest in battery metals

"We're Turning Over Every Stone"
2 MIN READ

"We're Turning Over Every Stone"

ECB Chief: We Must Prepare for Tariffs
1 MIN READ

ECB Chief: We Must Prepare for Tariffs

The Stockholm Stock Exchange Continues to Rise
1 MIN READ

The Stockholm Stock Exchange Continues to Rise

The Boat Fair is Being Shut Down
1 MIN READ

The Boat Fair is Being Shut Down

Major Banks Disagree on Interest Rate Cuts
2 MIN READ

Major Banks Disagree on Interest Rate Cuts

More Stores Exposed to Threats or Violence
1 MIN READ

More Stores Exposed to Threats or Violence

Sour in China – up on the Tokyo Stock Exchange
1 MIN READ

Sour in China – up on the Tokyo Stock Exchange

Trump threatens EU with tariffs
2 MIN READ

Trump threatens EU with tariffs

Trump open to Musk buying TikTok
1 MIN READ

Trump open to Musk buying TikTok

Trump Announces Large AI Project
2 MIN READ

Trump Announces Large AI Project

Netflix beats expectations – stock soars
2 MIN READ

Netflix beats expectations – stock soars

The Market Interpreted Trump - Stocks Rose
2 MIN READ

The Market Interpreted Trump - Stocks Rose

Buttericks Files for Bankruptcy
1 MIN READ

Buttericks Files for Bankruptcy

Trump sets up group for crypto relaxations
1 MIN READ

Trump sets up group for crypto relaxations

Recalls Hybrid Cars – May Catch Fire
1 MIN READ

Recalls Hybrid Cars – May Catch Fire

Trump wants to stop foreign tax on US companies
1 MIN READ

Trump wants to stop foreign tax on US companies

The Promise: "Massive" Infrastructure Announcement from Trump
1 MIN READ

The Promise: "Massive" Infrastructure Announcement from Trump