Economic·elDiario·20h agoPortugal
Portugal Sells 49.9% of TAP to Lufthansa for €1.2B
Lufthansa beats Air France-KLM with 16% higher bid
Positive1 min readImportance
AI Summary
Portugal selected Lufthansa Group to acquire up to 49.9% of TAP Air Portugal for €1.201 billion, including 5% reserved for employees. Lufthansa's bid was up to 16% higher than Air France-KLM's.
Keywords
TAP Air PortugalLufthansaPortugal privatizationaviationAir France-KLM
