Lufthansa Selected for 49.9% Stake in Portugal’s TAP
Portugal’s government chose Deutsche Lufthansa over Air France-KLM for the stake, valued at around $1.34 billion.
Site Search
Search market news
Find public news by keyword, exact ticker, category and date.
Matching instruments
Open a ticker page for its news coverage. The news search below stays a text search.
News Feed
4 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
UPDATE 5 — Lufthansa wins race for €1.2 billion stake in Portuguese carrier TAP
Lufthansa beats Air France-KLM after improved bids in September Deal is part of sector's consolidation TAP carries record 8.2 million passengers in first half of 2026 (Updates with statement from Air France-KLM) By Sergio Goncalves and Joanna Plucinska LISBON, Oct 14 (Reuters) — Portugal's government on Wednesday picke
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 agreeme
Portugal Selects Lufthansa Bid for 44.9% Stake in TAP Air Portugal
Portugal’s government selected Lufthansa Group’s offer to acquire an initial minority stake in TAP Air Portugal. The bid values a 44.9% stake at EUR 1.03 billion; payment could reach EUR 1.2 billion for 49.9%. The higher amount reflects up to 5% initially offered to employees and a ticking fee. Portugal also initiated