By Dominic ChoppingSTOCKHOLM--SAS said Saturday that the investor group that is set to take over the airline has agreed to raise its investment, while a loan from Castlelake will replace a previous financing deal from Apollo Global Management. The new investment agreement with the Castlelake-led consortium, which also includes Air France-KLM, Lind Invest and the Danish state, have increased their investment by $25 million to $1.2 billion.

Source: Wall Street Journal November 06, 2023 09:21 UTC