January 15, 2014 / 6:01 PM / in 4 years

France to sell 1 pct of Airbus Group

PARIS, Jan 15 (Reuters) - France said on Wednesday it was launching the sale of around 1 percent of the capital of European aerospace group Airbus Group via an accelerated placement with institutional investors.

The sale of 8 million Airbus Group shares will not change the position of the French state in the governace of the company, the Finance Minisry said in a statement.

Reporting by Dominique Vidalon; Editing by Leigh Thomas

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