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Lagardere places EADS shares in 37.35-37.45 euro price range
April 9, 2013 / 7:13 AM / in 5 years

Lagardere places EADS shares in 37.35-37.45 euro price range

PARIS/FRANKFURT, April 9 (Reuters) - French media group Lagardere has sold most of its 7.4 percent stake in Airbus parent EADS in a price range of 37.35 euros to 37.45 euros a share, traders said on Tuesday.

The traders said 80 percent of the order book had been covered.

EADS shares were down 3.3 percent, at 37.45 a day after Lagardere said it had mandated Merrill Lynch and Societe Generale to manage the sale of its stake, worth 2.4 billion euros ($3.12 billion).

$1 = 0.7682 euros Reporting By Blaise Robinson and Daniela Pegna

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