BMI-Lufthansa takeover wrangle hots up

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BMI chairman and majority shareholder Sir Michael Bishop has gone public over the emerging tensions between him and Lufthansa, which is acquiring his shareholding.

Over recent days UK media reports pointed to a brewing spat between Bishop and Lufthansa over whether Bishop should have to recapitalise BMI.

But Bishop’s shareholding company the BBW Partnership has today revealed it is taking Lufthansa to the High Court to force it to press on with the acquisition.

Read the latest news story and catch up with some of the background as the dispute emerged.

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