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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Parpública received three expressions of interest for the privatization of TAP

The state-owned company overseeing government shareholdings has not disclosed which companies are interested, but it has been confirmed that Air France-KLM, Lufthansa, and International Airlines Group (IAG), the owner of British Airways and Iberia, have shown formal interest.

As part of the sale process, Parpública now has 20 days to prepare a detailed report on the interested parties that submitted their expressions of interest, assessing their compliance with participation requirements, it is stated.

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