Bmi, Lufthansa

May 2009
AirGuide Online.com;5/25/2009, p5
The article reports on a High Court action launched by a company owned by Michael Bishop, a shareholder of British Midland Airways Ltd. (BMI), regarding Deutsche Lufthansa's takeover of BMI. It states that in October 2008, Bishop exercised a put option forcing Lufthansa to acquire his full shareholding of 50 percent plus one share in BMI, under a deal agreed in 1999. It mentions that the acquisition will give Lufthansa 80 percent control of the British carrier BMI.


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