TAP Privatisation: Portuguese Government Opens Talks with Air France-KLM and Lufthansa
21 Articles
21 Articles
Overall assessment of the proposals was "in such a near manner" which justifies "effort" of additional negotiation with Lufthansa and Air France-KLM. Process will last three weeks. There is a new deadline for completion.
After these discussions, which could last "a few weeks", the government will choose one of the two suitors to conduct a "ultimate negotiation" The Portuguese government announced Friday 4
Minister of the Presidency announced that Air France-KLM and Lufthansa's offers "have a "very close global assessment", which justifies a "negotiation effort" with the aim of obtaining improved proposals.
The overall assessment leaves the two proposals with very similar scores. Improvement serves to decide with which government to advance for exclusive negotiation.
The process of partial privatisation of TAP Air Portugal is entering a decisive phase. The Portuguese government announced that it had asked Air France-KLM and the Lufthansa Group to review their proposals upwards to enter the capital of the Portuguese national company. Both European air groups had submitted offers at the end of July [...]
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