SAS flies home from New York with a bag of PE money

Oct. 05, 2023

The SAS bankruptcy in New York is in its final phase, with new investors injecting $SEK13 billion in fresh capital. As expected, the 250,000 Swedish shareholders “receive nothing” from the bankruptcy, Bo Becker writes in his column on Affärsvaärlden. He notes that private investorssavers who purchased SAS stock during the ongoing bankruptcy made a poor investment, a situation not uncommon when speculating on a bankrupt stock.