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European Union: go-ahead to Lufthansa for the bmi's takeover
Brussels, Belgium - Waiting for the ok to the Austrian's takeover
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The European Commission approved yesterday the plan by Deutsche Lufthansa to buy U.K.'s British Midland Airways, or bmi. The German carrier, which already owns a 30% minus one share stake in bmi, will own 80% of bmi after the deal is completed by acquiring 50% plus one share. "The Commission therefore concluded that the transaction would not significantly impede effective competition on any of these...
AVIONEWS - World Aeronautical Press Agency - 1104511
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency