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release date:
Thursday, 30 October 2008
bmi and Lufthansa announcement
bmi and Lufthansa announcement
On 10 October 2008 Lufthansa and Sir Michael Bishop on behalf of the BBW Partnership Ltd exercised an option which requires Lufthansa to purchase 50 per cent plus one share in British Midland PLC (bmi).
The transaction was announced 29th October and it is expected that transaction completion will take place in mid January 2009.
Joining the Lufthansa family will bring many benefits to bmi, our customers, our travel trade partners and our corporates, but meanwhile it is business as usual at bmi and we look forward to your continued support and business.
- press release ends -