The French government sold 1760 million shares of EADS stock, cash of 1.2 billion euros

French Ministry of Finance issued a statement on Friday, announced yesterday the sale of European Aeronautic Defence and Space Company (EADS) 1760 million shares to 707 million euros ($ 925 million). April 16, sold 1200 million shares, realize a total of 1.19 billion euros in France this month.

The French government sale of Airbus parent company EADS stock plan announced in December last year, the Government of France and Germany to 12% stake each, the Spanish government shares part of the agreement 4%. In addition, private sector investors Daimler AG, Germany and France Lagardere Group sold EADS stock.