SAS AB Advances in Restructuring with EU Approval

SAS AB (SASDQ) has released an update.

The European Commission has approved Denmark’s and Sweden’s support for SAS AB’s restructuring process, aligning with EU State aid rules. This is a significant progression in SAS’s transformation plan, which is still subject to various regulatory approvals and successful reorganization in Sweden. More details on the reorganization and chapter 11 proceedings are available on SAS’s dedicated restructuring website.

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