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Portugal to Negotiate With Lufthansa, Air France-KLM on TAP Sale
Source: Bloomberg
M&A & RestructuringCorporate Guidance & OutlookRegulation & LegislationGeopolitics & War
Portugal will start an additional negotiation round with Deutsche Lufthansa and Air France-KLM to sell a minority stake in TAP, aiming to obtain improved bids. The update is a process/terms-focused development rather than a finalized deal, with limited immediate pricing impact expected but potential upside/downside depending on the new offers.
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