AMSTERDAM — Airbus Group, in an off-market block trade, has sold to Dassault Aviation 810,072 Dassault Aviation shares at a price of €980 (US $1,224) per share, representing a total of about €794 million pre-transaction costs, according to an Airbus Group statement.
The French state has agreed to waive its rights under the shareholder agreement with Airbus Group, which provides in particular a right of first offer to its benefit, for this block trade, which represents approximately 8 percent of Dassault Aviation’s share capital, according to the statement.
After this transaction, Airbus Group will hold 38.32 percent of Dassault Aviation’s share capital and associated voting rights and then following the cancellation by Dassault Aviation of 9 percent of treasury shares, Airbus Group will own 42.11 percent of the Dassault shares with associated voting rights.
