Aug 28 (Reuters) - Air France KLM SA:
* AIR FRANCE-KLM COMPLETES ACQUISITION OF A NON-CONTROLLING
STAKE
IN THE SHARE CAPITAL OF SAS AB
* COMPLETED ACQUISITION OF A 19.9% NON-CONTROLLING STAKE IN
SHARE
CAPITAL OF SAS AB
* AGREEMENTS, WHICH COVER RECIPROCAL LOYALTY PROGRAM
BENEFITS,
WILL ENTER INTO FORCE AS EARLY AS SEPTEMBER 1, 2024
* ON SAME DAY, SAS WILL JOIN SKYTEAM ALLIANCE, OF WHICH AIR
FRANCE
AND KLM ARE FOUNDING MEMBERS
* AIR FRANCE-KLM GROUP ITSELF INVESTED A TOTAL OF $144.5
MILLION
USD IN SAS AB
* MEMBERS OF CONSORTIUM NOW EFFECTIVELY HOLD AN AGGREGATE
86.4%
STAKE IN SHARE CAPITAL OF REORGANIZED SAS AB
* INVESTMENT HAS NO IMPACT ON ITS MEDIUM-TERM OUTLOOK
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Further company coverage:
(Gdansk Newsroom)