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1d ago
Lufthansa Group Submits Bid for Minority Stake in TAP Air Portugal
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The Lufthansa Group yesterday submitted a bid to Parpública, the Portuguese state-owned investment company, as part of the bidding process for TAP Air Portugal. The acquisition of an initial minority stake is intended to establish a long-term partnership between the Lufthansa Group and TAP Air Portugal in order to secure TAP’s successful future as Portugal’s national airline on a sustainable basis.
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