Lufthansa to buy 44.9% of TAP Air Portugal in €1.2B deal
- The German airline outbid Air France-KLM, the only other company in the race, Portuguese Prime Minister Luis Montenegro said.
- The government set aside 5% of the company for its more than 9,000 employees to buy shares, with the government remaining the m
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- The German airline outbid Air France-KLM, the only other company in the race, Portuguese Prime Minister Luis Montenegro said.
- The government set aside 5% of the company for its more than 9,000 employees to buy shares, with the government remaining the m
Sources: ABC News