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Lagardère buys back €114.92 million exchangeables into T-Online
New York, April 14 - Lagardère SCA said it bought back €114.919 million of its 2.5% bonds due 2005 exchangeable into the stock of T-Online International AG.
The company bought back the bonds in off-market transactions between Feb. 14 and March 18.
The latest repurchase is in addition to the €592 million announced on Feb. 8. So far Lagardère has bought back €706.919 million of the exchangeables, or 92% of the total original issued.
Lagardère is a Paris-based media company.
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