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The government will negotiate individually with the two bidders for the purchase of TAPPhoto by Franco Monsalvo on Pexels
Business

The government will negotiate individually with the two bidders for the purchase of TAP

CNN Portugal4 September 2026 at 18:02

The Portuguese Government will negotiate individually with the two bidders for the purchase of TAP in the coming weeks. This decision represents a change in the approach to the sale process of the Portuguese airline.

The two bidders in question are Lufthansa and the Air France/KLM consortium. Both companies submitted proposals for the acquisition of TAP.

Leitão Amaro, Minister of the Presidency, justified the decision to negotiate separately with each of the bidders. According to the minister, the values of the proposals submitted by Lufthansa and by Air France/KLM are very close, which makes it appropriate to conduct individual negotiations with each party.

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