Nov 21, 12:30 a.m.
Create my watchlists and portfolios login | register
advertisement

Lufthansa has another go at bailing out of Bmi German airline strives to escape from secret shareholder pact

01/25/05 - LexisNexis

Topic 1 THE DAILY TELEGRAPH(LONDON)Lufthansa has another go at bailing out of Bmi German airline strives to escape from secret shareholder pactJanuary 25, 2005, TuesdayBy Alistair Osborne Associate City EditorGERMAN flag-carrier Lufthansa is trying again to engineer the sale of Bmi British Midland in a bid to get out of a secret shareholder agreement which could force it to buy the UK airline this year.Lufthansa, which owns 30pc minus one share of Bmi, has approached Virgin Atlantic and BA offering the airlines its stake. The timing is significant in what is set to become an aviation poker game.

                                                                                                                        


Make newratings better! Praise/Criticism?