SAS Secures Court Approval For Equity Raise
Credit: SAS
Scandinavian Airlines (SAS) could be welcoming some new owners within 13 weeks, after receiving U.S. court approval to begin a search for fresh equity capital. In July 2022, SAS voluntarily filed for U.S. Chapter 11 as part of its SAS Forward restructuring plan, which includes a SEK20 billion ($1.9...
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