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Lufthansa Submits Offer for TAP Stake in Portugal Privatization Push
15 Articles
15 Articles
Portugal sells almost 45 percent of the state airline TAP and Lufthansa is interested. Lisbon could thus become a hub for South America for the German group. However, there is another bidder.
Lufthansa has made a non-binding offer for a minority stake in TAP Air Portugal. Portugal is continuing to advance the partial privatisation of the airline.
der Standard AT
der Standard DEPortugal wants to re-privatise the airline, which is nationalised in the Corona crisis. Lufthansa, Air France-KLM and IAG have shown interest
Lufthansa’s Strategic Bid: Tapping into TAP’s Potential
Lufthansa has put forward a non-binding bid for a minority stake in Portugal’s TAP, as part of the country's relaunch of TAP’s privatisation. Portugal aims to sell 44.9% to an airline partner to enhance TAP's global presence and competitiveness, with 5% reserved for employees.
Observador
IOL PortugalWithout progress with values, Lufthansa’s strategic officer, ensuring that the current energy crisis, caused by the conflict in the Middle East, should not change the TAP’s assessment.
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