Additional European Equity News

Airbus (AIR FP) - The US FAA plans to mandate inspections of around 2,200 Boeing 737s and 757s, citing risks that improper maintenance could compromise main landing gear integrity, expanding on a February directive concerning 767s, according to FlightGlobal. (Newswires)

Andritz (ANDR AV) - Obtained final acceptance for a cold rolling mill from the Ansteel Group. (Newswires)

BBVA (BBVA SM) - Spain's regulator reportedly could approve the Co's bid on Sabadell (SAB SM) shares by end-July, the acceptance period could run to September if required, via Reuters citing Expansion. (Newswires)

Daimler Truck (DTG GY) - Co. will repurchase EUR 2bln of its shares starting in H2 2025, with the buyback due to run over two years, continuing shareholder returns despite costs from transitioning to low-emission vehicles. The announcement came ahead of its capital markets day on Tuesday, where new medium-term targets expected. (Newswires)

Kinnevik (KINVB SS) - Q2 (SEK): Net 626mln (prev. 2.27bln), Total Investments 860mln (prev. 598mln), NAV 36.8bln. Broader market momentum has begun to recover in Q2. (Newswires)

Leonardo (LDO IM) - Co. reportedly wants to purchase the cybersecurity unit of Telecom Italia (TIT IM), via Reuters citing Il Fatto Quotidiano. (Newswires)

Mediobanca (MB IM) - Co's board is to meet on Friday to discuss the unsolicited offer by BMPS (BMPS IM) and advise shareholders, via Reuters citing sources. (Newswires)

Shein IPO - Co. has filed for a Hong Kong IPO, via FT; in order to accelerate the process of becoming listed and to exert pressure on UK regulators to approve its debut in that market. (FT)

Telenor (TEL NO) - Acquired Globalconnect's Norwegian consumer unit. Valued at NOK 6.0bln. (Newswires)

UniCredit (UCG IM) - Co's Bulgarian unit has a EUR 2.1bln transaction with PGGM, to shift risk on corporate loans. (Newswires)

UNITE Group (UTG LN) - Q2 Update: reiterates FY guidance for adj. EPS. Planning approval has been secured for a 2k bed JV with Newcastle University. Sales thus far support rental growth of 4-5% for the academic year. (Newswires)

Vallourec (VK FP) - Secured two OCTG contracts within Iraq with CNOOC and PetroChina. Contracts have potential revenue in excess of USD 130mln. (Newswires)

Accor (AC FP) initiated with Outperform at Santander

argenx (ARGX BB) upgraded to Buy from Hold at Deutsche Bank

Arkema (AKE FP) downgraded to Equalweight from Overweight at Barclays

Givaudan (GIVN SW) upgraded to Equalweight from Underweight at Barclays

Glencore (GLEN LN) upgraded to Overweight at JPMorgan

Man Group (EMG LN) downgraded to Neutral from Buy at Citi

Swedish Orphan Biovitrum (SOBI SS) upgraded to Hold from Sell at Deutsche Bank

Zealand Pharma (ZEAL DC) initiated with Overweight at Barclays, price target DKK 560

08 Jul 2025 - 07:05- EquitiesEU Research- Source: Newsquawk