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SAS AB Receives Approval to Sell Wideroe and Renegotiates

Friday, 14 Jun 2013 08:00am EDT 

SAS AB announced that the Company's sale of Wideroe Flyveselskap AS has been approved by the Norwegian competition authority. The closing of the sale is expected to take place in September 2013. The cost reductions and the divestments performed in accordance with the 4XNG plan is expected to lead to an improvement in SAS financial position and liquidity. 

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