French media company Lagardere has denied rumors that the group is selling its stakes in European Aeronautic Defence & Space Co and Vivendi’s Canal Plus Group.

There was speculation in the markets that Lagardere was going to sell its stakes in the two companies. Lagardere has said before that the company would eventually sell the 20 per cent it holds in Canal Plus France, a subsidiary of Canal Plus Group, which is owned by Vivendi.

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