PPRuNe Forums - View Single Post - Lufthansa to sell BMI stake.
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Old 27th Jan 2005, 09:46
  #19 (permalink)  
Digitalis
 
Join Date: Apr 2002
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Bish holds the extra share so given that bmi is a private company he can do much as he pleases. he is still youngish for an airline chairman and in good health. There are no hiers to his fortune so i can't see any reason why he would wan't to get out now.
That pretty much coincides with the impression I had, but there seems to be no doubt that Lufthansa and SAS want out. So who's going to buy in? Can Bish afford to buy back the company? Is there any future in Virgin buying in and leaving control of the company to Bish? Could we see a renewal of the proposal to merge the companies (using Virgin's capital) and have Bish run the joint deal? What in hell is happening??!!??
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