April 9, 2013 / 7:53 AM / 5 years ago

Lagardere sells EADS stake for 2.283 bln euros

PARIS, April 9 (Reuters) - French media group Lagardere said on Tuesday that it had sold all of its 7 percent stake in Airbus parent EADS for 2.283 billion euros ($2.97 billion).

The sale, which took place at an average price per share of 37.43 euros, was carried out as a private placement and had been flagged in advance as part of a wider overhaul in the aircraft maker’s shareholding structure. ($1 = 0.7682 euros) (Reporting By Christian Plumb,; Editing by Leila Abboud)

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