Additional European Equity News

AngloAmerican (AAL LN) - De Beers and Botswana agree on sales agreement and will continue to work together. (Newswires)

AstraZeneca (AZN LN) - Reports Dato-Dxd significantly improved PFS in lung cancer. (Newswires)

Atos (ATO FP) - Enters into exclusive negotiations for the sale of Ecoact, with transaction expected to be closed in H2'23. (Newswires)

Defence Names – Germany could reportedly drop its veto against the export of fighter jets by the UK to Saudi Arabia. (Times)

Ferragamo (SFER IM) - CFO Corsi is to resign effective from 30 Sept. (Newswires) 

IG Group (IGG LN) - Announces that CEO Felix, is taking a medical leave from the Co., with Charlie Rozes to take over responsibilities. (Newswires)

Italgas (IG IM) - CEO Gallo said Natural gas will help with the transition to renewables energy sources and will play a crucial role in the transport of biogas and hydrogen, according to La Repubblica. (Newswires) 

Kering (KER FP) - Eyewear has conclude the acquisition of UNT. (Newswires)

Mondi (MNDI LN) - Completes sale of three Russian converting operations, received net proceeds of EUR 30.4mln from the disposal. The most significant facility in Russia, Syktyvkar, not involved. (Newswires)

Royal Unibrew (RBREW DC) - Acquires Vrumona in the Netherlands, consideration of EUR 300mln. Expected to be EPS accretive in 2024. Outlook for 2023 to be updated on closing. (Newswires)

Sanofi (SAN FP) - First US trial re. claims that Zantac causes cancer is expected to commence from November 13th in California. (Newswires)

Stellantis (STLAM IM/STALP FP) - Kuniko has signed an agreement with the Co. to support the development of the Norwegian battery metals projects. (Newswires)

Travel Names – Eurocontrol, which manages European airspace, has warned it will experience “high overloads” of traffic on most days in import regions and multiple other areas on peak travel days particularly Fridays during the summer season. (Times)

Wood Group (WG LN) - Awarded a contract extension of approx. USD 250mln by Brunei Shell Petroleum. (Newswires)

Givaudan (GIVN SW) upgraded to Buy from Hold at Stifel

Symrise (SY1 GY) downgraded to Neutral from Buy at Goldman Sachs

TietoEvry (TIETO FI) downgraded to Hold from Buy at Handelsbanken.

03 Jul 2023 - 07:30- Research Sheet- Source: Newsquawk