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Old 12th Apr 2018, 22:15
  #258 (permalink)  
racedo
 
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Originally Posted by 22/04
I haven't seen the books.

Could it be bought or the liabilities taken on very cheaply then dismembered/rolled into existing brands with perhaps a small operation retained as DY.

I'm remembering Dan-Air.

UK ops would end I suspect - can't see them wanted to dilute the existing brands
Liabilities are mainly to large banks who are not in the slightest interested in selling cheaply to anybody.

Norwegian have to do zilch.

Perhaps people need to remember the Ryanair - Aer Lingus battle. What exactly were Ryanair able to see of Aer Lingus's accounts other than what was freely available ?

Answer was NOTHING.

Perhaps would be an idea to understand who are the shareholders first.....

Bjorn Kros owns 27%
Norwegian Finans Holdings own 16.4%
Folketrygdfondet (Norwegian Pension fund) own 10%.
DNB Asset Management AS (Norwegian asset management) own 6%

Norwegian Air Shuttle company : Shareholders, managers and business summary | Oslo Bors: NAS | 4-Traders

60% of the company i owned by Norwegians or those with major business in whole of Norway.

Unless Kros sells there is Zero deal as the rest will be led by him.
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