Lufthansa Expected To Buy 44.9% Stake In TAP Air Portugal, Beating Out Air France-KLM
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18 Articles
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According to a media report, Lufthansa offers the purchase price for the Portuguese airline entirely in cash. Air-France KLM's offer would therefore be less attractive.
The race for the TAP is on the final line and the dispute between two European giants has raised the value of the Portuguese airline. With millionaire proposals on the table and an ever closer decision, the future of the carrier is about to enter a new phase. But what is really at stake in this privatization? Learn more, in this episode of the Economy day by day, daily podcast of the Express
Unlike Air France-KLM, which showed willingness to include in its offer an exchange of shares, the German group bets a bid only on cash.
The airline should be chosen by Portugal to take an important stake in the national carrier.
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