SAS agrees to divest bmi stake to Lufthansa for £38 million
SAS agreed to sell its 20% stake in bmi to Lufthansa-related UK holding company LHBD Holding, effectively giving LH full control over bmi when the transaction takes effect on Nov 1. Under the terms of the agreement, LHBD, which already owned an 80% stake in bmi, will pay SAS £19 million ($30.4...
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