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Lufthansa to buy a €1.2bn stake in TAP Air Portugal

By ChordNews · First written (updated )

Lufthansa to buy 44.9% of TAP Air Portugal in €1.2B deal
Image: abcnews.com
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Summary

Lufthansa is to buy a €1.2 billion stake in TAP Air Portugal, with ABC News reporting it will acquire 44.9% of the airline. Euronews reports that Lufthansa beat Air France-KLM to the stake.

Later: Lufthansa explores €1bn sale of software assets

Timeline

  1. Euronews

    Source ↗

    Euronews reports that Lufthansa beat Air France-KLM to a €1.2 billion stake in TAP Air Portugal.

  2. ABC News

    Source ↗

    ABC News reports that Lufthansa is to buy 44.9% of TAP Air Portugal in a €1.2 billion deal.

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