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Lufthansa (LHA GY) and the Portuguese government sign agreement for acquisition of a minority stake in Tap Air Portugal, with the deal valued at EUR 1.2bln

ORIGINAL · NewsquawkLufthansa (LHA GY) and the Portuguese government sign agreement for acquisition of a minority stake in Tap Air Portugal, with the deal valued at EUR 1.2bln
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Lufthansa reportedly signed an agreement for a minority stake in TAP valued at EUR 1.2 billion; the stake size, valuation basis, conditions, approvals, and timetable remain unspecified.

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