Globitair

What does Lufthansa gain from its €1.2 billion TAP Air Portugal deal and when?

EuroNewsPortugal

Lufthansa expects about €450 million a year in synergies from buying up to 49.9% of TAP Air Portugal for €1.2 billion, but Portugal’s continued control, lengthy regulatory reviews and the slow progress of its ITA Airways deal suggest the gains could take years to arrive.

Read the full story at EuroNewsOpen in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about Portugal