Additional European Equity News

Anglo American (AAL LN) - Co. sells its 33% stake in Jellinbah for AUD 1.6bln to Zashvin. (Newswires) 

Engie (ENGI FP) - Reaches 500MW of bttery storage capacity in Europe, either installed under construction or under development. (Newswires) 

EssilorLuxottica (EL FP) - Meta (META) is to invest several billion euros to become a 4-5% stake holder in the Co.,according to bfmtv (bfmtv)

Goldman Sachs Conviction List - Adds Coca Cola HBC (CCH LN), JD Sports (JD/ LN). Removes ASML (ASML NA) (Newswires) 

Ryanair (RYA ID) - (Oct) traffic +7% Y/Y to 18.3mln passengers; Load factor 93%. (Newswires) 

Metso (METSO FH) - Makes changes to its leadership team; does not affect external financial reporting. (Newswires) 

Novo Nordisk (NOVOB DC) - Bloomberg writes that Novo's new drug, CagriSema, leads to a 25% weight loss without increased side effects. The Co's development chief, Holst, in an interview said “Without giving 100% guarantees, I’m quite confident that this will read out in a very nice way”. (Bloomberg) Separately, Co. seeks EU antitrust approval to purchase Catalent (CTLT), with the EU decision due by Dec 6th, according to a regulatory filing. (Newswires) 

Novartis (NOVN SW) - CEO said is “very confident” on sales target and does not fear a patent cliff, via Reuters. (Reuters)

Wizz Air (WIZZ LN) - (Oct) passengers +4.1% Y/Y to 5.6mln passengers; seat capacity +3.7% Y/Y; load factor 92.9% Y/Y. (Newswires) 

04 Nov 2024 - 07:02- EquitiesResearch Sheet- Source: Newsquawk