OSLO (Reuters) – Shares in Norwegian Air (NWC.OL) soared on Tuesday as investors reacted to a report of renewed interest in the budget carrier from British Airways-owner IAG (ICAG.L).
Norwegian’s share price rose 11 percent in early trade to 278 crowns in Oslo after Spanish newspaper Expansion on Monday said IAG is preparing to bid 330 crowns per share for the Oslo-listed airline, citing unnamed sources.
“What we can say, is that it’s business as usual for us, we’re expanding rapidly and sales…
