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Lufthansa beats Air France-KLM to €1.2bn stake in TAP Air Portugal

Lufthansa beats Air France-KLM to €1.2bn stake in TAP Air Portugal
Photo: Euronews · view original

Portugal has chosen Lufthansa to buy a 44.9% stake in TAP, completing the first phase of the airline’s privatisation. The deal still needs regulatory approval.

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