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SAS issued this statement:
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The Government of Denmark and the Government of Greenland have on September 10, 2018 come to a political agreement in which it is mentioned that the Government of Greenland will look into acquiring the shares in Air Greenland owned by the Danish State.
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The acquisition is conditional on the two parties reaching satisfying agreements on a number of issues, including a satisfying agreement on the valuation of the shares.
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Furthermore, the acquisition of the shares owned by the Danish State is conditional on getting the necessary approvals from the relevant authorities.
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Following the political agreement mentioned above, SAS and the Government of Greenland also announce that the Government of Greenland will consider buying the 37.5% stake in Air Greenland owned by SAS.
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This potential acquisition is subject to the same terms and conditions as outlined above, and conditional on SAS AB board approval.
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Top Copyright Photo (all others by Air Greenland): Air Greenland Airbus A330-223 OY-GRN (msn 230) ZRH (Rolf Wallner). Image: 922693.
Air Greenland aircraft slide show:
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Route Map:
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