French conglomerate Lagardere has confirmed it will sell its 7.41% stake in Airbus parent company EADS and hopes to leave the company next year.
French conglomerate Lagardere has confirmed it will sell its 7.41% stake in Airbus parent company EADS and hopes to leave the company next year (ATW Daily News, Sept. 13). Chief executive Arnaud Lagardere said in a conference call announcing the group’s third-quarter results that the collapse of the proposed merger between EADS and UK defense company BAE Systems “was a good opportunity for us, through the negotiations and discussions we had with the French government, to make ...
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