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BBC Story
Lufthansa buying the 50% of firm owned by BMI chairman Sir Michael Bishop, who forced the purchase under a long-standing agreement.
The German carrier was already BMI's second-largest shareholder, with a stake of 30% minus one share.
The deal will give Lufthansa control of more flights from London Heathrow airport than any other airline except British Airways.
The remaining 20% of BMI is currently owned by Sweden-based Scandinavian Airlines (SAS).
Lufthansa said it intended to complete the deal by 16 January - but would not confirm what it was paying. Reports suggest it is about £318m.
Lufthansa buying the 50% of firm owned by BMI chairman Sir Michael Bishop, who forced the purchase under a long-standing agreement.
The German carrier was already BMI's second-largest shareholder, with a stake of 30% minus one share.
The deal will give Lufthansa control of more flights from London Heathrow airport than any other airline except British Airways.
The remaining 20% of BMI is currently owned by Sweden-based Scandinavian Airlines (SAS).
Lufthansa said it intended to complete the deal by 16 January - but would not confirm what it was paying. Reports suggest it is about £318m.
