CityJet DAC signed an agreement to acquire Cimber A/S from SAS AB (publ) (OM:SAS) on January 24, 2017. The transaction is expected to be completed on January 31, 2017. The transaction will have negative nonrecurring effect on earnings of SEK 20 million during the first quarter of 2017. Bart A Creve & Bent Kemplar of Kromann Reumert acted as a legal advisor to SAS in this transaction.