IAG will not have to get approval from the OFT to acquire BMI
BMI (East Midlands) will not have to face an inquiry by Office of Fair Trading (OFT) for the acquisition by the International Airlines Group (IAG) (British Airways and Iberia). The OFT has decided not to review the purchase of BMI from Lufthansa according to this article by the BBC.
The final approval of the acquisition now rests with the European Commission.
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Copyright Photo: Paul Bannwarth. Once approved the BMI brand is expected to be removed rather quickly.
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