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LATAM proposes to buy 39% of Portugal's TAP, a powerful trans-Atlantic-Latin American conglomerate


The proposed LATAM combination has made overtures to acquire Portugal flag carrier TAP. The move would further entrench the ascendancy of the Latin American conglomerate. But a purchase first depends on TAP selling down handling company Groundforce. It also, again, potentially cuts across global alliance lines and runs the risk of competition law challenges. [605 words]

Unlock the following content in this report:


  • TAP's complex structure
  • If Groundforce is removed, LATAM would buy into TAP
  • Regulatory issues again enter the scene
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