A group of Spanish investors, Catalana D'Iniciatives, said late on Wednesday it would make a bid for SAS unit Spanair alongside the Barcelona government's tourist body and another investor.
In a statement, Catalana D'Initiatives said they would invest up to EUR12 million euros (USD$15.7 million) in the offer for the airline, but gave no further details.
The spokesman said earlier on Wednesday that the group had been told by SAS that bidders had until Saturday to present an offer.
Thursday, January 29, 2009
Catalan Group To Join Bid For SAS's Spanair
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