TAP Privatisation: Portuguese Government Opens Talks with Air France-KLM and Lufthansa
19 Articles
19 Articles
Overall assessment of the proposals was "in such a near manner" which justifies "effort" of additional negotiation with Lufthansa and Air France-KLM. Process will last three weeks. There is a new deadline for completion.
After these discussions, which could last "a few weeks", the government will choose one of the two suitors to conduct a "ultimate negotiation" The Portuguese government announced Friday 4
Minister of the Presidency announced that Air France-KLM and Lufthansa's offers "have a "very close global assessment", which justifies a "negotiation effort" with the aim of obtaining improved proposals.
The overall assessment leaves the two proposals with very similar scores. Improvement serves to decide with which government to advance for exclusive negotiation.
Portugal opens final TAP negotiations with Lufthansa and Air France-KLM
The Portuguese Government will negotiate with both Lufthansa Group and Air France-KLM after concluding that their binding offers for a minority stake in TAP received “very similar” overall assessments. The negotiations will last several weeks and are intended to produce improved proposals. The Government will then select one bidder for exclusive final talks. Portugal plans […]
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