Lufthansa Selected to Buy 49.9% Stake in Portugal’s TAP
Portugal’s government chose Deutsche Lufthansa to acquire a near-50% stake in airline TAP, valued at around $1.34 billion, beating Air France-KLM.
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02:42:36 PM UTC
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DEUTSCHE LUFTHANSA AG XETR:LHA
34 billion. Lufthansa was chosen over rival Air France-KLM. 9% stake.