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Lagardère sells EADS stake

E
euronews (in English)

1 Views • Apr 09, 2013

Description

French media group Lagardère has sold its 7.4 percent stake in EADS, the parent company of Airbus.

It comes after Arnaud Lagardère stood down as EADS chairman last month and marks the start of the long-expected overhaul in the ownership of Europe's top aircraft maker.

Lagardere raised 2.3 billion euros through the sale.

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http://www.euronews.net/