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TAP: final bids from Air France-KLM and Lufthansa have been submitted

Air France-KLM and Lufthansa submitted their final bids on Wednesday to buy a 44.9% stake in TAP, closing the bidding phase and leaving the decision to the government.

  • Air France-KLM and Lufthansa submit final bids for TAP's 44.9% share
  • Bids evaluate financial, strategic terms for acquiring TAP stake
  • Lufthansa emphasizes proven track record in developing network airlines

Swiss Market Ends On Weak Note

(RTTNews) - After opening on a positive note Wednesday morning, the Swiss market pared gains and moved along the flat line till a little past mid-afternoon before losing further ground as the mood…

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