
Air France-KLM brings Delta support for TAP offer
Air France-KLM and Lufthansa today, on the last day of the deadline, submitted binding proposals in the process of privatization of TAP, which enters the third and..
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Summary
The process provides for the sale of up to 49.9% of TAP's capital, of which 5% are reserved for employees, and the unsubscribed portion may be acquired by the selected investor under a preferential right. Bloomberg has advanced that Lufthansa and Air France-KLM have submitted binding proposals for the purchase of a minority stake in the Portuguese airline. Cited in the statement, Ed Bastian, executive president, says that “Delta supports Air France-KLM’s investment project, our joint venture partner, at TAP, which would reinforce the offer of transatlantic travel and the role of Portugal as a destination of excellence.”.
Cross-referenced from 3 sources.
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The process provides for the sale of up to 49.9% of TAP's capital, of which 5% are reserved for employees, and the unsubscribed portion may be acquired by the selected investor under a preferential right.
according to Notícias ao Minuto — Última HoraBloomberg has advanced that Lufthansa and Air France-KLM have submitted binding proposals for the purchase of a minority stake in the Portuguese airline
according to RTP NotíciasCited in the statement, Ed Bastian, executive president, says that “Delta supports Air France-KLM’s investment project, our joint venture partner, at TAP, which would reinforce the offer of transatlantic travel and the role of Portugal as a destination of excellence.”.
according to ObservadorGroups Lufthansa and Air France-KLM presented proposals for TAP.
according to RTP Notícias
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