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Lufthansa is buying a 44.9% stake in TAP Air Portugal for €1.2 billion

What happened

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.

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on EuronewsEuronews
  2. Quartz started reportingQuartz

Sources