British Midland Chairman Michael Bishop tightened his control on the UK airline group by buying out his long-term sleeping partners in the BBW Partnership, which holds the controlling majority stake in the group. John Wolfe and Stuart Balmforth each owned stakes of 24.9% in BBW with Bishop holding the remainder. The group confirmed the transaction in a short statement. Bishop now owns 50% plus one share, Lufthansa holds 30% minus one share and SAS Scandinavian Airlines owns 20%. The timing ...

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