Portugal Selects Lufthansa for TAP Privatization in €1.2 Billion Deal

Observador

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Lufthansa won the race at TAP and prepares to buy almost half of the airline. In this episode we explain the details and what is still missing about the business.

Le Figaro

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DECRYPTAGE - Lufthansa has just won the partial privatisation of the Portuguese company TAP, European leader towards Brazil. In the run for three years, Air France-KLM would not have agreed to pay as much as its competitor.

Sueddeutsche Zeitung

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In the bidder race Lufthansa prevails against Air France-KLM. TAP Air Portugal is particularly strong on the South American routes.

Sapo

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The Executive estimates that, with Lufthansa, the State recovers about 3,400 million euros until 2040. The account adds the 1,201 million euros of the first phase, the 863 million euros in cash of the second and about 1,400 million euros in shares and dividends of the Lufthansa group. The latter portion assumes a dividend yield of 3.9% and a target price of 8,8 euros in 2027, and depends on the performance and rating of the company. The state wi…