Lufthansa Acquires 44.9% Stake in TAP; Portugal to Earn Billions
Published 1 d ago2 sourcesEvidence: Reported
Lufthansa CFO confirms separate negotiations to acquire the Portuguese government's remaining 50.1% stake in TAP, following the selection of Lufthansa to buy up to 49.9% for €1.2bn. The Portuguese government could take up to a 5% stake in Lufthansa as part of the deal. This signals a deepening consolidation in European aviation, with potential implications for competition and market structure.
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