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المشهد العربي
Lufthansa Gains TAP Portugal
The German Lufthansa Group has secured an equity stake in the Portuguese airline "TAP Air" through the Portuguese government's privatization process, surpassing a coalition including Air France and KLM. Lufthansa submitted an offer worth 1.025 billion euros to purchase a 44.9% stake in the company, outperforming the competing bid by 16%. The deal reflects Lufthansa’s strategy to expand its presence in the European air transport market and strengthen its position at the expense of other competitors.
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