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News 2026-10-13 19:55 UTC

Lufthansa set to win bidding for stake in Portugal's TAP, SIC reports

LISBON, Oct 13 (Reuters) — Germany's Lufthansa is set to win the bidding for the purchase of a 44.9% stake in Portugal's flag carrier TAP over rival Air France-KLM, broadcaster SIC said on Tuesday, citing sources familiar with the matter. The German group is offering an all-cash deal for its stake in TAP, unlike Air Fr