An evaluation prepared for ECO values TAP at about five times its 2015 privatisation level, as binding bids from Air France-KLM and Lufthansa are due this week.
An evaluation prepared for ECO values TAP at about five times its 2015 privatisation level, as binding bids from Air France-KLM and Lufthansa are due this week.
Castlelake’s £5.5 billion move on EasyJet could support a higher valuation for TAP as Portugal advances the airline’s partial privatisation.