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Publishing date:November 30, 2016
CNES has sold its almost 35% stake in Arianespace to Airbus Safran Launchers, in line with decisions reached at the last ministerial council meeting of the European Space Agency (ESA) at the end of 2014. The new ownership structure has been crafted in response to the request from the agency’s member states to reorganize Europe’s launcher sector in order to make it more competitive.