French media company Lagardere (LGDDF.PK) has sold its 7% stake in aerospace and defense firm...


French media company Lagardere (LGDDF.PK) has sold its 7% stake in aerospace and defense firm EADS  (EADSF.PK) in a private placement for €2.28B, or €37.43 a share. EADS placed an order of €500M in the transaction, which is part of a wider revamp of the company's ownership structure. (PR)

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