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Portuguese gov't authorizes 2nd phase TAP privatization

NAMPA / Xinhua
2025-12-24
LISBON, Dec. 24 (Xinhua) -- Portugal's government has launched the second phase of the sale of up to 49.9 percent of TAP Air Portugal, according to a Council of Ministers resolution published on Wednesday. The state-owned holding company Parpublica has been authorized to invite three interested airline groups - Air France-KLM, IAG and Lufthansa - to participate in the privatization process. The second phase requires candidates to submit a d......
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