TAP Air Portugal Minority Stake Price >$800m

The Portuguese government has settled on a price for a minority stake in TAP Air Portugal, as potential airline investors have circled the Portuguese carrier for several years, especially after the pandemic.

According to a report by the Spain-based outlet Okdiario, the Portuguese government’s asking price for a 44.9% stake in TAP Air Portugal is no less than €700 million ($817.7 million), with another 5% being allocated to the airline’s employees.