Jan 11 • 01:09 UTC 🇪🇸 Spain ABC

The owner of Iberia (IAG) officially starts the race with Lufthansa and Air France to enter TAP

The owner of Iberia (IAG) begins its bid to acquire a stake in Portugal's TAP airline, competing against Lufthansa and Air France, as the Portuguese government seeks to privatize nearly 45% of the airline for at least 700 million euros.

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