06-Sep-2011 10:03 AM
TAP Portugal privatisation gathers speed as government weighs in
Analysis
TAP Portugal's privatisation process has gathered speed with Prime Minister Pedro Passos Coelho calling on serial-acquirer Lufthansa to consider investing in the national carrier and fellow Star Alliance member. IAG has previously expressed interest in TAP and has reportedly appointed JPMorgan to advise on a possible bid. We examine why the Portuguese flag carrier is in play.
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