Summary
SIR Michael Bishop, chairman of bmi owner British Midland, yesterday increased his control of the airline group after buying out his two partners in majority shareholder, the BBW Partnership, for an undisclosed sum.
BBW comprised Bishop, Stuart Balmforth and John Wolfe. This investment vehicle owned a 50per cent-plus-one-share stake in British Midland.See the full content of this document
Extract
Bishop Increases Control of Airline
However, Balmforth and Wolfe, who each owned 24.9per cent of BBW, are now both retired, and the...
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