Portugal seeks improved bids from Air France-KLM and Lufthansa for TAP
Portugal’s government asked Air France-KLM and Lufthansa to submit improved offers for a minority stake in TAP, starting a final round after officials deemed their initial bids too close to choose.
By Sergio GoncalvesPortugal's government on Friday asked rivals Air France-KLM EURONEXT:AF and Lufthansa XETR:LHA to submit improved offers for a minority stake in flag carrier TAP, launching a final round of negotiations after judging both groups' initial bids too close to pick one, Cabinet Minist…