Lufthansa Group agrees to buy TAP Air Portugal for €1.02 billion
Lufthansa Group Acquirer · TAP Air Portugal Target
Intelligence
The deal
- Type
- Acquisition
- Amount
- €1.03B
- Structure
- €1.025 billion for a 44.9% non-controlling stake; up to €1.2 billion for 49.9%
- Status
- Announced
- Valuation
- Not recorded
- Region
- Portugal
- Date
- 14 October 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
TAP Air Portugal Target
Lufthansa Group Acquirer
Activity