Business & FinanceDeals
03 May 2023, 4:25 pm 1 minute
Reuters exclusively reported that U.S. private equity firm Apollo Global Management Inc is seeking to take a majority stake in SAS and aims to apply for approval from Swedish and Danish regulators for the deal as part of the Scandinavian airline’s rescue plan.
Market Impact
The news of Apollo’s interest sent the embattled carrier’s shares up as much as 14% on Wednesday morning.
Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: DenmarkSweden
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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