Portugal signs agreement to sell a stake in TAP to the Lufthansa Group
On November 3, 2026, the Portuguese government officially signed a contract to sell up to 49.9% of the capital of the airline TAP to the Lufthansa Group for €1.201 billion. The state will retain 51% of the shares and a majority on the board of directors, while completion of the deal depends on approval from the European Commission, expected in the first half of 2028.
Otabek Yusupov