TAP: final bids from Air France-KLM and Lufthansa have been submitted
AI Summary
Air France-KLM and Lufthansa have submitted final bids for a 44.9% stake in TAP, concluding the bidding phase. Portugal’s government will decide between the offers.
Air France-KLM and Lufthansa submitted their final bids on Wednesday to buy a 44.9% stake in TAP, closing the bidding phase and leaving the decision to the government.