Lufthansa in Talks to Take Full Control of TAP
Lufthansa is in talks to acquire Portugal’s flag carrier TAP. Portugal’s government is seeking opposition support for the sale of its remaining 50.1% stake for €1.351 billion ($1.52 billion).
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02:42:05 PM UTC
SquawkNews
The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Thursday:** Lufthansa XETR:LHA is in talks to take full control of Portugal's flag carrier TAP, as the Portuguese government seeks opposition support for the sale of the state's remaining 50.1% stake for €1.351 bil…
By Sergio Goncalves and Klaus LauerLufthansa XETR:LHA is in talks to take full control of Portugal's flag carrier TAP, as the Portuguese government seeks opposition support for the sale of the state's remaining 50.1% stake for €1.351 billion ($1.52 billion).The government on Wednesday picked Luftha…