Lufthansa in Talks to Take Remaining 50.1% Stake in TAP
27 Articles
27 Articles
Separate negotiations are being held on the possibility of Lufthansa acquiring, in the future, the remaining majority stake of 50.1% in the Portuguese airline TAP, currently owned by the Portuguese government, said on Thursday (15) the financial director of the German group, Till Streichert. In this process, the Portuguese government could become the shareholder of Lufthansa, with a stake of up to 5%, said the executive. The Portuguese governmen…
Lufthansa in talks to take remaining 50.1% stake in TAP in future, CFO ...
Lufthansa Says ‘Couldn’t Miss’ TAP Deal Has €450 Million Upside
Deutsche Lufthansa AG outlined the benefits of a “couldn’t miss” opportunity to buy a minority stake in Portuguese airline TAP SA, including catching up with European rivals in Latin America and finding as much as €450 million ($505 million) in annual synergies.
Miranda Sarmento says it would be a historic mistake not to move forward with the total privatisation of the TAP. EU leaders are meeting today in Brussels to discuss measures to contain energy prices.
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