Economy
Lufthansa says TAP was an opportunity it could not miss and targets 100% of the airline's capital
Lufthansa's CEO confirmed the group has discussed a path with the Portuguese government to acquire 100% of TAP's capital, despite starting with a minority stake. The airline has offered 1.3 billion euros to acquire the remaining 50.1% of the shares in a potential second phase of privatization, a process subject to new negotiations and competition authority approval expected by the first half of 2028.
Why it matters
This signals long-term strategic changes for TAP, including potential network integration and corporate ownership, though there are no immediate changes to passenger services or operations.Correio da ManhãRead original ↗
Useful?
