French government cuts stake in Airbus

PARIS — The French state has cut its stake in Airbus parent company EADS to 12 percent after the latest sale of shares, the second this month.

France’s finance ministry said Friday that it raised $925 million through the sale of 17.6 million EADS N.V. shares on Thursday. Together with the 12 million shares it sold April 16, the government has raised 1.19 billion euros selling EADS shares this month.

The share sales were announced in December as part of a deal to bring the French and German governments’ stakes to 12 percent each, while Spain would hold about 4 percent. Meanwhile, private sector investors Daimler AG of Germany and France’s Lagardere SCA have sold their own stakes.

More in Herald Business Journal

More business, more competition for Everett kidney dialysis center

Nonprofit Puget Sound Kidney Centers sees large for-profit competitors enter state market.

Suitors, beware: In Seattle, Amazon also brought disruption

The company has grown there from a workforce of about 5,000 to more than 40,000 in 33 buildings.

Boeing rushes to bring back retirees as temps

It’s unclear if this could be a definitive turn in the downsizing tide.

Tax cuts won’t generate as much economic growth as Trump says

There’s little historical evidence that tax cuts actually pay off in boosting economic growth long-term.

City of Marysville adds HR director

The City of Marysville has hired Bill Kolden as its new human… Continue reading

Economic Alliance to host After Hours event at Clothes for Kids

The next Economic Alliance Snohomish County Business After Hours event is from… Continue reading

Speed Networking planned by Lynnwood Chamber

The next Good Morning, Lynnwood Chamber Speed Networking is from 7:30 to… Continue reading

More self-awareness could help build a better medical system

Marcy Shimada of Edmonds Family Medicine writes the second in a series about fixing our health care system.

Scratch-and-sniff brochures aimed to prevent disaster

Puget Sound Energy has distributed more than a million scratch-and-sniff brochures to… Continue reading

Most Read