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Portugal One Step Closer to Relaunching Sale of State-Owned TAP

Summary by Bloomberg
Portugal is moving closer to relaunching the sale of state-owned airline TAP SA after a prior attempt was derailed in 2023.

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A further step was taken in privatization of the TAP, with the EY consultant and the Financial Bank sending the company's new assessment to the Portuguese authorities last week.

·Portugal
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The Bank of Finance and the EY have already submitted the reports that assess the commercial value of the Portuguese company. It is further step forward in relaunching the privatization process of the TAP.

·Porto, Portugal
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Jornal de Negócios broke the news in Porto, Portugal on Monday, June 30, 2025.
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