SAS´s aquisition of Braathens
SAS's acquisition of Braathens The Norwegian Competition Authority has today issued its preliminary evaluation of SAS's potential acquisition of Braathens. This states that the Authority will take action against the acquisition, that is, it opposes its implementation. The Competition Authority bases its evaluation mainly on the fact that it has not been proved to a sufficient degree that Braathens is a bankrupt company. Braathens, in turn, had approached SAS because the company believed it was in a difficult financial situation, which it would not be able to survive. Braathens regarded the