Deals
Norwegian Air CEO Says Bid Approaches Go Beyond IAG and Lufthansa
- ‘Several others’ also interest in takeover, according to CEO
- Kjos ‘will not stop’ deal if price is right, backed by board
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Norwegian Air Shuttle ASA Chief Executive Officer Bjorn Kjos said his company has attracted takeover interest from multiple potential bidders and remains open to a deal on the right terms.
While British Airways owner IAG SA has had two offers rejected and Deutsche Lufthansa AG is looking at submitting a proposal, Kjos said in an interview Tuesday that “several others” are also interested. The stock rose as much as 5.8 percent.