Lufthansa to buy up BMI

October 2008
Travel Weekly (UK);10/31/2008, p3
Trade Publication
The article reports on the plan of Lufthansa to acquire the controlling stake of chairman Sir Michael Bishop at the German carrier BMI in Great Britain. The author stated that Lufthansa already owns 30% of BMI and is in agreement to but Bishop's 50%-plus-one-share. In addition, the €400 million deal is expected to be completed in January 12 and is subject to regulatory approval.


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