10-Apr-2013 11:39 AM
Lagardère completes the sale of its entire stake in EADS
Direct News Source
09-Apr-2013
Lagardère announces the completion of the sale, of circa 61 million shares of EADS, representing approximately 7,4% of the share capital of the company, for a total amount of circa 2,283 million Euros, by means of a private placement, through an accelerated bookbuilding with qualified investors.
EADS has participated to this placement for a total amount of circa 500 million Euros, at the price of the book.
Upon completion of this transaction, Lagardère will have sold its entire stake in EADS.