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Airbus | Corporate Financials

DaimlerChrysler’s and Lagardere Selling EADS Shares in Est. $3.02B Deal

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EADS’s two biggest corporate shareholders, DaimlerChrysler and Lagardere SCA, announced on April 4, 2006 that they’re each selling 7.5% stakes in EADS in simultaneous transactions. Bloomberg reports that the transaction is valued by sale managers JP Morgan Chase & Co. and Morgan Stanley at about EUR 2.5 billion ($3.02 billion at current conversion). DID covered […]

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