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Lufthansa Wins TAP Privatization Bid

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The Portuguese government has announced that Lufthansa has won the bid for the privatization of TAP, Portugal's national airline. Lufthansa offered to pay the full purchase price in cash, making their bid more attractive than Air France-KLM's. The winning bid includes acquiring 44.9% of TAP's capital, with the government retaining a majority stake. The deal still needs final negotiations and regulatory approvals.

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11 Sources

  1. SIC Notícias avatar

    SIC Notícias

    X / Twitter / @SICNoticias

    Air France-KLM vs. Lufthansa: Governo anuncia vencedor da privatização...

  2. Expresso avatar

    Expresso

    RSS / @rss.impresa.pt/feed/latest/expresso.rss?type=ARTICLE,VIDEO,GALLERY,STREAM,PLAYLIST,EVENT,NEWSLETTER&limit=20&pubsubhub=true

    Air France-KLM ou Lufthansa: quem fica com a TAP? A corrida pela TAP e...

  3. Jornal de Negocios avatar

    Jornal de Negocios

    RSS / @jornaldenegocios.pt/rss

    TAP entra numa nova fase com asas s�lidas da Lufthansa ou da Air Franc...

  4. Bloomberg (business) avatar

    Bloomberg (business)

    X / Twitter / @business

    Lufthansa has emerged as the frontrunner to acquire a minority stake i...

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