Finland clears Flybe Nordic sale

摘要

Finland was given the green light for StaffPoint Holding and G.W. Sohlberg (GWS) to acquire Flybe's 60% stake in Flybe Nordic. Flybe Nordic, which is parent to Finnair regional carrier Flybe Finland, was set up as a joint venture between Finnair (40%) and Flybe (60%) in 2011. However, Flybe is pulling out of the venture because of its poor performance. Finnish firms StaffPoint Holding and GWS have now been cleared to acquire the Flybe shares for the token sum of €1 ($1.14). "The transaction is expected to be closed in early February 2015," Finnair said.