Lagardère confirms its intention to dispose its EADS stake in 2013
Corporate & other activities, Finance
Paris, November 13, 2012
Lagardère SCA, which owns 7.41% of EADS, confirms its will to dispose its stake as soon as market and operational conditions permit.
Lagardère SCA considers that the conditions of sale could be met in 2013.
This project, already announced on many occasions, is part of Lagardère’s strategy to dispose its minority stakes.
For the record, the Lagardère group already sold 7.5% of EADS share capital in 2006.
Lagardère is a world-class pure-play media group (Book and e-Publishing; Press, Audiovisual, Digital and Advertising Sales Brokerage; Travel Retail and Distribution; Sport Industry and Entertainment).
With a holding of around 7.5%, Lagardère jointly controls EADS.
Lagardère shares are listed on Euronext Paris.
Some of the statements contained in this document are not historical facts but rather are statements of future expectations and other forward-looking statements that are based on management's beliefs. These statements reflect such views and assumptions as of the date of the statements and involve known and unknown risks and uncertainties that could cause future results, performance or future events to differ materially from those expressed or implied in such statements.
Please refer to the most recent Reference Document (Document de référence) filed by Lagardère SCA with the French Autorité des marchés financiers for additional information in relation to such factors, risks and uncertainties.
Lagardère SCA disclaims any intention or obligation to update or review the forward-looking statements referred to above. Consequently Lagardère SCA is not responsible for any consequences that could result from the use of any of the above statements.
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