• 11/27/2024

SAS Gets Rescue Deal From Castlelake-Led Investor Group

Wall Street Journal

SAS is set to be taken over by an investor group led by Castlelake, which plans to pump over $1 billion into the struggling airline, averting the threat of bankruptcy.

https://www.wsj.com/articles/scandinavian-airline-sas-gets-rescue-deal-from-castlelake-led-investor-group-7326be3a