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Lufthansa to buy a 44.9% stake in TAP Air Portugal in a €1.2 billion deal
Summary
Lufthansa is buying a 44.9% stake in TAP Air Portugal, The Philadelphia Inquirer and ABC News reported on Wednesday 14 October. The deal is valued at €1.2 billion, or 1.3 billion dollars.
Latest: Lufthansa is buying a 44.9% stake in TAP Air Portugal in a deal valued at €1.2 billion, or 1.3 billion dollars.
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How it unfolded
Wednesday 14 October
Lufthansa is buying a 44.9% stake in TAP Air Portugal in a deal valued at €1.2 billion, or 1.3 billion dollars.
- 08:58ABC NewsLufthansa to buy 44.9% of TAP Air Portugal in €1.2B deal
- 08:44The Philadelphia InquirerLufthansa to buy 44.9% of TAP Air Portugal in €1.2B deal