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PRELIMINARY DECISION NOT TO AUTHORIZE SAS TAKEOVER OF BRAATHENS

Travel News Asia Date: 20 August 2001

KLM Royal Dutch Airlines has been informed that the Norwegian Competition Authority has arrived at a preliminary decision not to grant authorization to Scandinavian Airlines System (SAS) for its proposed takeover of Oslo-based regional carrier Braathens.

KLM will be studying the authoritys preliminary decision and the consequences this may have for KLM.

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