Airbus continues selling off Dassault stake


Airbus will sell off an additional 17.5 per cent stake it holds in Dassault Aviation, in a move that will reduce its holding to 24.5 per cent.

The company had announced on March 25 that it would part with 15 per cent of Dassault Aviation, but upped the amount later on the same date.

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Dassault says it could possibly buy up to five per cent of the shares from Airbus, at a price no higher than €980 per share.

The total amount of shares that will be made available by Airbus are worth €1.61 million.

The last time that Airbus some of Dassault shares was November 2014.

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