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EADS has no plan to sell Dassault stake - report

Sun Jun 28, 2009 3:23pm EDT

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PARIS, June 28 (Reuters) - European aerospace group EADS EADS.PA has no plan to sell either all or part of its stake in French planemaker Dassault Aviation (AVMD.PA), a senior EADS executive was quoted as saying in a report published on Sunday.

Marwan Lahoud, director of strategy and marketing at the Airbus parent company, said Dassault's arrival as a key shareholder in electronics maker Thales (TCFP.PA), an EADS competitor, did not affect the EADS stake in Dassault.

"There is no plan to sell our 46 percent stake in Dassault, either totally or partially," Lahoud was quoted as saying by business newspaper La Tribune in an interview sent to media on Sunday and due to be published in the paper on Monday.

EADS inherited its stake in Dassault from the state company that helped found EADS in 2000.

An approach by EADS to try to make an offer for Thales was rebuffed by the French government last year and EADS CEO Louis Gallois has resigned from the Dassault board.



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