Total cuts Sanofi-Aventis stake to below 10 percent
PARIS, June 10 |
PARIS, June 10 (Reuters) - French oil and gas company Total (TOTF.PA) has cut its stake in pharmaceuticals group Sanofi-Aventis (SASY.PA) to under 10 percent, French market regulator AMF said in a statement on Wednesday.
Total now holds 9.99 percent of the capital and 16.23 percent of the voting rights in Sanofi-Aventis.
A Total spokeswoman said the company had held 10.9 percent of Sanofi-Aventis's capital as of the end of March. (Reporting by Helen Massy-Beresford and Jean-Michel Belot; editing by Mike Nesbit)
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