Strategic· Acquisitions abroad

Lufthansa acquires TAP

Airline · Lissabon, Portugalacquired byLufthansa

The Portuguese government selects Lufthansa as preferred partner for the acquisition of 44.9 percent of the state airline TAP. The bid is €1.2bn, with closing expected in 2028.

Buyer
Lufthansa
Target
TAP, Lissabon
Seller
Portugiesischer Staat
Type
Strategic
Sector
Mobility and logistics
Country
Portugal
First reported
14/10/2026

Deal-Radar no. 43-127 · added in Week 43/2026, first reported on 14/10/2026 · publicly reported, without guarantee · SourcingClub was not involved in this transaction. Report an error · Method

Transactions by Lufthansa

So far this is the only transaction by Lufthansa published in the Deal-Radar. New deals are added every Monday.

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Information from public sources, without guarantee and without claim to completeness. No investment or legal advice. Published on 26 October 2026.