Portugal selects Lufthansa's EUR 1.03 billion offer for 44.9% stake in TAP Air Portugal

Portugal's government selected Lufthansa Group's offer for a minority stake in TAP Air Portugal under its privatization process. The offer values a 44.9% stake at EUR 1.025 billion. * The price could reach EUR 1.2 billion for 49.9%, reflecting shares initially offered to employees and a ticking fee. Transaction agreements are expected to be signed shortly; completion remains subject to regulatory approval. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Deutsche Lufthansa AG published the original content used to generate this news brief on October 14, 2026, and is solely responsible for the information contained therein. (C)