Macro Finance
Lufthansa Says ‘Couldn’t Miss’ TAP Deal Has €450 Million Upside
Bloomberg Markets·October 15, 2026·1 min read
Deutsche Lufthansa AG outlined the benefits of a 'couldn't miss' opportunity to buy a minority stake in Portuguese airline TAP SA, including catching up with European rivals in Latin America and finding up to €450 million ($505 million) in annual synergies. The deal is seen as a strategic move to expand Lufthansa's presence in the region.
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