Wednesday, May 13, 2015

Government prepared to sell TAP in two weeks – Daily News – Lisbon

The process of privatization of TAP can still finish this month, with the choice of the winner taking place just two weeks after the submission of bids. It has been so in 2012 and this is the likely scenario now. If there is no need to renegotiate the proposals, which will be known as early as tomorrow, the government will be quick in decision, as it was three years ago, knows the DN / Mad Money.

In the race to the purchase of TAP are, this time, at least three candidates, but everything indicates that should get only two effective proposals to the government’s table: the David Neeleman, Azul, and the Germán Efromovich, Avianca, already repeating in an attempt to buy the Portuguese airline . The process has also been accompanied by Paul Kakinoff, owner of Gol, and the parents of the consortium Amaral and Frank Lorenzo, but the interest may not lead to a bid. The government has a deadline to receive proposals 17.00 tomorrow. And the expectation is that quickly resolve the process and close the sale of 66% of the company – more than the 49% that António Costa would be prepared to give up the privatization occurred in a government led by him -. Later this month

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