SOGEADE

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SOGEADE (Société de gestion de l'aéronautique, de la défense et de l'espace) is a French holding company.

It was created solely to hold French interests in newly founded EADS. French government holds a veto right since foundation. Lagardère Group gradually decreased its share in EADS from 15% at creation to 7.5% in March 2009.

Holdings:

Evolution of shares in EADS:

  • 29.89% of EADS at December 31, 2005 (source: EADS)
  • 27.53% of EADS at March 31, 2008 (source: Reuters)
  • 25.00% of EADS at December 31, 2008 (source: EADS)
  • 22.50% of EADS since 2009 (source: EADS)

Shareholders

  • SOGEPA (66.6%)(50% at creation, 60% end of 2008, 66.6% in 2009) - Wholly owned by French government
  • Désirade (33.3%) (50% at creation, 40% end of 2008, 33.3% in 2009) - Wholly owned by Lagardère Group.