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Lufthansa set to win bidding for stake in Portugal's TAP, SIC reports
Source: reuters.com
M&A & RestructuringTransportation & Logistics
Portugal's broadcaster SIC reported on Tuesday, citing sources familiar with the matter, that Lufthansa is set to win the bidding for a 44.9% stake in flag carrier TAP, ahead of Air France-KLM. The report does not confirm a completed transaction or disclose financial terms.
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