Portuguese State Can Become Lufthansa's Second Largest Shareholder, with 5% of the Capital
4 Articles
4 Articles
Miranda Sarmento points out that the Portuguese state can become Lufthansa's second largest shareholder. Donald Trump still accuses Joe Biden of having provoked war in Ukraine.
Germans want to stop the majority of TAP with business involving the exchange of shares that will allow the Portuguese state to become the second largest shareholder of the German company.
If the government advances to the second phase of privatization of the TAP, as planned, the German Lufthansa offers the Portuguese state the possibility to become its second largest shareholder, with 5% of the capital. Plan that also previews that the state coffers will receive until 2040, between shares and dividends, 1,400 million euros.
<p>Pedro Castro, a commercial aviation analyst, states, regarding the privatization of part of the TAP, that the coexistence between state and private sector "does not work well" and that Lufthansa is trying to remove the Portuguese state from the equation.</p>
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