Lufthansa takes over BMI

October 29th, 2008 | by sergio |

Lufthansa is buying a controlling stake in bmi, for a sum believed to be around £320 million.

After this deal, Lufthansa will own 80 per cent of bmi, the former British Midland, and is expected to make a bid for the remaining 20 per cent, which is owned by Scandinavian Airlines (SAS)

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