Extract from our Nordic M&A Newsletter

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Rumors: Norwegian Air Shuttle considered possible takeover target
May 20, 2019

According to the Spanish newspaper Expansion, A potential take-over bid is soon to be announced from either Spanish-British IAG or German Lufthansa. Norwegian’s share price rose 28% on Thursday following the news. IAG earlier this year sold its stake in Norwegian and said it was no longer interested in an acquisition. Neither Norwegian Air or IAG has commented on the case.

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