Portugal’s TAP Draws Three Major Bidders as Swiss Inflation Anticipates Slight Acceleration

Key TakeawaysPortugal's state-owned airline TAP has received three formal expressions of interest from major European carriers – IAG, Air France-KLM, and Lufthansa – for a minority stake as part of its privatization efforts.The Portuguese government aims to sell a 44.9% stake to a strategic airline partner, along with an additional 5% to employees, while retaining a controlling 50.1%.Swiss National Bank President Martin Schlegel anticipates a slight acceleration in consumer-price growth in Switzerland in th ...