Lagardere says to sell 7.5 per cent stake in EADS by end of July
French media group Lagardere said Friday it plans to sell its 7.5 per cent stake in the European defence and aerospace company EADS by the end of July, which would raise roughly 2.5 billion euros at the current share price.
Swedish telecom equipment maker Ericsson said yesterday it would sell its 50-per cent stake in mobile phone joint venture Sony Ericsson to Sony for 1.05 billion euros.