Germany’s Lufthansa beats Air France-KLM in $1.3 billion contest for stake in airline linking 14 African destinations to Europe

Germany’s Lufthansa beats Air France-KLM in $1.3 billion contest for stake in airline linking 14 African destinations to Europe

Germany’s Lufthansa has defeated Air France-KLM in the contest for a substantial minority stake in TAP Air Portugal, positioning it to help shape an airline with important connections between Africa, Europe and the Americas.

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