February 11, 2025 14:37 GMT
TRANSPORTATION: Air Portugal: government will offload "at least 49%" - bbg
TRANSPORTATION
(TAPTRA unsecured; Ba3/BB-) (government owned, tabled for privatisation)
Seemingly never-ending headlines around privatisation - has been in the "works" since 2023, below says it could still be dragged into 2026. Insiders say 12 firms interested, IAG (eff. Baa2 risk post-tender) has generally been seen as the front-runner.
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