Lufthansa buys 49.9% of TAP for €1.025 billion
By the AFREEQUE newsroom, based on Mercado
The Portuguese government has approved the sale of 49.9% of TAP to Lufthansa for €1.025 billion, while the German group plans investments of up to €4 billion. The deal values the airline at €2.407 billion, according to Mercado, citing the publication Eco.
The Portuguese government approved on Wednesday, 14 October 2026, the sale of 49.9% of TAP’s capital to Germany’s Lufthansa for €1.025 billion. Lufthansa will become the industrial partner of Portugal’s national airline, according to Mercado, citing the publication Eco.
The German proposal was preferred to that of the Franco-Dutch group Air France-KLM at the end of the selection process. Lufthansa had submitted a total financial offer of €1.201 billion, including amounts earmarked for employees, the sale of Cateringpor and SPdH, and an adjustment mechanism linked to changes in TAP’s results, Eco reports.
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Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
