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Lufthansa Group, Portuguese Government sign agreement for acquisition of a minority stake in TAP Air Portugal

Lufthansa Group, Portuguese Government sign agreement for acquisition of a minority stake in TAP Air Portugal

The Lufthansa Group and the Portuguese government signed the agreement for the acquisition of an initial minority stake of 44.9% in TAP Air Portugal at Humberto Delgado Airport in Lisbon. This marks a decisive milestone in the privatisation process of TAP. Completion of the acquisition remains subject to approval by the relevant authorities, in particular the European Commission...