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Old 28th Apr 2009, 07:40
  #1067 (permalink)  
INKJET
 
Join Date: Feb 2001
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Maverick

LH deal went through on Friday in order to meet the window of LH/SMB share holder options agreement, The EU have given LH the nod that there are no competion issues or state aid to delay completion of LH share transfer to 50%+1 of bmi from SMB. Formal staement may come as early as this week, but more likely next week.

At present they have no plans to dispose of either mainline/regional or bmibaby which is trading ahead of budget for 1/4 one.
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