My completely uninformed, speculative guess is that LH will buy the 20% bmi shares from SAS sometime in 2008, and the 50% rest form Bishop in December 2008. Co-ordination of timetables, and start of integrating bmi into M&M from March 2009, with a full integration of bmi into M&M from January 2010, and a complete integration of bmi and LH from October 2010. bmi brand will be kept probably.
This is at least a possible timetable if things work similarly as with Swiss.