Additional European Equity News

Aviva (AV/ LN) - Acquisition of Probitas. Consideration of GBP 242mln, expected to close in mid-2024. (Newswires) 

AstraZeneca (AZN LN) - Announces EMA validates Dato-DXd MAAs for NSQ NSCLC and BC. (Newswires) 

DiaSorin Spa (DIA IM) - Announced that it has received 510(k) clearance from the U.S. Food and Drug Administration for its new Liaison Plex platform and its first test panel, the Liaison Plex Respiratory Flex Assay. (Reuters) 

Bayer (BAYN GY) - Requests for approval of Acormadis (heart disease drug) has been filed with EMA and FDA and acquires marketing rights for the drug. To pay up to EUR 310mln in upfront and near-term payments. (Newswires) 

BNP Paribas (BNP FP) - Launches a share buyback programme of EUR 1.055bln. (Newswires) 

Deutsche Lufthansa (LHA GY) - German workers union call for ground strikes on Mar 7-8th. (Newswires) Separately, Lufthansa faces EU Antitrust warning over ITA Airways stake bid. Deutsche Lufthansa AG could walk away from its plan to buy the Italian carrier ITA Airways amid the severity of EU demands. according to La Repubblica. (La Repubblica) 

Halma (HLMA LN) - Acquires sample collection devices firm Rovers Medical Devices for EUR 85mln. (Newswires) 

Intertek (ITRK LN) - Acquires Base Met Labs, no terms. (Newswires) 

Ryanair (RYA ID) - Reports Feb Load Factor 90% (prev. 93.3% Y/Y). Passengers 11.1mln (prev. 10.6mln Y/Y). (Newswires)  

Siemens (SIE GY) - Siemens Mobility invests EUR 115mln for factory in UK. (Newswires)  

Serco (SRP LN) - Completes acquisition of European homecare. (Newswires) 

Telefonica (TEF SM) - Co. and Asterion are postponing the sale of Nabiax, via Expansion citing sources. (Newswires)

THG (THG LN) - Announces resolving Credit Facility extension to May 2026. (Newswires) 

TotalEnergies (TTE FP) - And Bapco Energies to partner in petroleum products trading. (Newswires) 

Wizz Air (WIZZ LN) - Reports Feb Load Factor 90% (prev. 93.3% Y/Y). Passengers 3.79mln (prev. 4.39mln Y/Y). (Newswires) 

Acciona Energias (ANE SM) downgraded to Neutral from Outperform at Oddo

BP (BP/ LN) upgraded to Buy from Hold at Jefferies 

Confinimo (COFIB BB) upgraded to Buy from Neutral at Kempen 

Endesa (ELE SM) downgraded to Neutral from Buy at Goldman Sachs 

Ferrari (RACE IM) downgraded to Sell from Neutral at Citi

Fortum (FORTUM FH) downgraded to Hold from Buy at Berenberg 

Fresnillo (FRES LN) upgraded to Equal Weight from Underweight at Morgan Stanley

Heineken (HEIA NA) downgraded to Overweight from Equal Weight at Barclays 

Iberdrola (IBE SM) upgraded to Buy from Neutral at Goldman Sachs

IMCD (IMCD NA) downgraded to Hold from Buy at Jefferies 

Munich Re (MUV2 GY) upgraded to Outperform from Neutral at Oddo 

Nordex (NDX1 GY) upgraded to Outperform from Neutral at Santander

Segro (SGRO LN) upgraded to Neutral from Sell at Goldman Sachs

UCB (UCB BB) downgraded to Neutral from Outperform at Oddo

04 Mar 2024 - 07:48- Research Sheet- Source: Newsquawk