SAS shares trading suspended?
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SAS shares trading suspended?
At the stock exchange they stopped the trade with SAS shares around noon .
They where up 11% in just a few hours, speculation in the Scandinavian media was that LH was going to buy it.
They where up 11% in just a few hours, speculation in the Scandinavian media was that LH was going to buy it.
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smith
i can confirm it:
The rumour is SAS shares are suspended....
Heard on the grapevine than LH might want to buy them (for what one asks) but this is an unconfirmed rumour as opposed to the confirmed rumour about the SAS shares being suspended.
However, it s a secret, so i'd appreciate it if you kept it hush hush
The rumour is SAS shares are suspended....
Heard on the grapevine than LH might want to buy them (for what one asks) but this is an unconfirmed rumour as opposed to the confirmed rumour about the SAS shares being suspended.
However, it s a secret, so i'd appreciate it if you kept it hush hush
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The shares are released for trade again and went up another 3% i believe. Swedish TV media have said nothing about it (or I must have missed it...). There was a notice on text TV that SAS confirms discussions about a future decision. Nothing involving LH whatsoever though. So that is an unconfirmed rumour. Another rumour is that Aeroflot is interested. Yay.
/LnS
/LnS
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Lufthansa seems to be on buying spree (Swiss, jetBlue, Brussels, Austrian, SAS, BMI maybe). Haven;t seen anything like this since Swissair bought all those airlines in the nineties.
STOP PRESS: The Sun newspaper is reporting that a former SAS Major has been photographed suspended in a hotel with a lefthanded German Flight Attendant in stockings charging cash. pp
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Todays, Saturday, Financial Times has an article on the status of LH buying into SAS, Swiss Air style. Lets see if any banks left around next week for them to get finances from
Online at
FT.com / Companies / Transport - Lufthansa in takeover talks with SAS
P.S. I only buy the paper as it matches the tiles in my toilet
Online at
FT.com / Companies / Transport - Lufthansa in takeover talks with SAS
P.S. I only buy the paper as it matches the tiles in my toilet
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LH to buy SAS will be SAS only way of survival.
SAS is out of cash, options and a sound management. LH can but a very strong PR company in the name of SAS and will become really big in Scandinavia.
Its all about the money; cash is king
SAS is out of cash, options and a sound management. LH can but a very strong PR company in the name of SAS and will become really big in Scandinavia.
Its all about the money; cash is king