Air France-KLM and Lufthansa have already submitted their final bids for the privatisation of 44.9% of TAP’s share capital, which are expected to include improvements on the offers submitted on 29 July.
The announcement was made on Wednesday by Parpública. In a statement, the state shareholding manager said it will now draw up a descriptive report on the improvements put forward by the two candidates, "assessing their final overall merit and forwarding it to the members of the Government responsible for the finance and air transport portfolios".
