SAS makes capital gain of 420 mln SEK from bmi sale

STOCKHOLM | Thu Oct 1, 2009 2:21am EDT

STOCKHOLM Oct 1 (Reuters) - Scandinavian airline SAS (SAS.ST) said on Thursday it had agreed to sell its 20 percent stake in British-based airline bmi with a capital gain of around 420 million Swedish crowns ($60 million).

SAS, half-owned by Sweden, Norway and Denmark, said in a statement it had agreed to sell the stake to MGBP in which Lufthansa AG (LHAG.DE) holds a 35 percent stake. [ID:nWEA3167] (Editing by Dan Lalor) ($1 = 7.002 Swedish crowns)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.