Council of Ministers Triggers Third Stage of TAP Sale — PARPUBLICA Now Has the Green Light to Ask Lufthansa and Air France-KLM for Binding Bids by End of July
The Council of Ministers on 23 April authorised PARPÚBLICA to invite Air France-KLM and Lufthansa to submit binding offers for 44.9% of TAP. Pinto Luz wants invitations out by end of April, binding bids by end of July, and the privatisation closed by early September.