US EditionLufthansa Submitted an Offer for TAP Air Portugal
10 Articles
10 Articles
In July Portugal reopened the privatization of the TAP with the aim of selling a 44.9% share to a strategic partner
IAG, a woman from Iberia and British Airways, decided to stay out of the race. Also, Marcelo Rebelo de Sousa's consultants were invited to the first meeting of the Security State Council.
Lufthansa Makes Bold Move with Offer to Acquire TAP Air Portugal – EUROP INFO
Lufthansa has officially submitted a formal offer to acquire TAP Air Portugal, marking a significant development in the ongoing effort to stabilize and revitalize the Portuguese national carrier. This move comes amid heightened interest from several international airlines seeking to expand their presence in the Iberian aviation market. The potential deal underscores Lufthansa’s strategic ambition to strengthen its network in Southern Europe and …
Rund by the company the Portuguese network is both between AIR France-KLM and Lufthansa.
The Fight Is On For A Stake In TAP Air Portugal
The race is on for TAP Air Portugal. Both Air France-KLM and Lufthansa Group have filed non-binding offers for a minority stake in the Portuguese national carrier, meeting the April 2 deadline set by the government. This starts an evaluation process at Parpublica, the state-owned company that manages shareholdings in Portuguese companies. The preferred bidder should be announced this summer, hopefully followed by a binding offer. The sale of a 4…
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