10-Apr-2013 11:39 AM

Lagardere completes sale of its entire stake in EADS

Lagardere announced (09-Apr-2013 ) the completion of the sale of 61 million shares of EADS, representing approximately 7.4% of the company's share capital, for EUR2283 million, by means of a private placement, through an accelerated bookbuilding with qualified investors. EADS participated in the placement for a total amount of EUR500 million. Upon completion of this transaction, Lagardère will have sold its entire stake in EADS. [more - original PR]