Airbus to Sell 17.5-Percent Stake in Dassault Aviation | Aviation International News

Airbus to Sell 17.5-Percent Stake in Dassault Aviation

In a process to be concluded by April 24, Airbus will reduce its holding in Dassault Aviation to 24.5 percent.

Airbus Group is preparing to sell a 17.5-percent stake in Dassault Aviation, which makes Falcon business jets and manned and unmanned military aircraft, by April 24 in a move that will reduce its holding to around 24.5 percent.

By Charles Alcock • Managing Editor

March 25, 2015

Airbus Group is preparing to sell a 17.5-percent stake in Dassault Aviation by April 24 in a move that will reduce its holding to around 24.5 percent. On March 25, the European aerospace and defense group announced it would sell a 15-percent stake, but later the same day increased this to 17.5 percent, involving the sale of 1.61 million shares. In November 2014, Airbus reduced its holding in Dassault from 46.3 percent to 44.11 percent.

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