https://www.live-feeds.com/feed/lufthansa-will-buy-44-9-stake-in-tap-air-portugal-beating-out-air-france-klmContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lufthansa-will-buy-44-9-stake-in-tap-air-portugal-beating-out-air-france-klmhttps://www.live-feeds.com/feed/lufthansa-will-buy-44-9-stake-in-tap-air-portugal-beating-out-air-france-klm#u130833Sun, 18 Oct 2026 06:21:49 +0000Lufthansa Group has been selected to acquire a 44.9% minority stake in TAP Air Portugal, beating a competing bid from Air France-KLM. Portugal chose the German carrier due to a higher all-cash offer. While some reports value the initial stake at 1.2 billion euros, others cite a 1.025 billion euro bid. One report indicates a two-phase deal that could eventually value the transaction at 2.55 billion euros. Lufthansa Group has officially welcomed the selection as part of the privatization process for the Portuguese flag carrier.Why it mattersThis acquisition allows Lufthansa to expand its footpri