British Airways parent International Airlines Group (IAG) has reached an agreement in principle to buy BMI British Midland from Lufthansa, the companies said Friday. The deal is subject to several conditions, including further due diligence and regulatory approvals. Lufthansa officials said in a conference call with analysts and reporters that they expect the transaction to be completed in the first quarter of 2012. No financial details were released. “I see BMI as a very positive ...
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