Additional European Equity News

ArcelorMittal (MT NA) - Announced recommendations from DSS+ workplace safety audit. (Newswires) 

Commerzbank (CBK GY) - Deutsche Bank (DBK GY) may hire Morgan Stanley as an adviser on the UniCredit (UCG IM) / Commerzbank deal. 

Gerresheimer (GXI GY) - Production at Morganton plant still halted. Estimate to reach about 50% of production capacity at Morganton plant by end-November. (Newswires) 

Hargreaves Lansdown (HL/ LN) - CVC advisers says Swiss competition commission approves HL acquisition. (Newswires) 

Informa (INF LN) - Co. to restructure operations after GBP 1.2bln Ascential (ASCL LN). Will also announce that it will enter 2025 with revenues more than GBP 4bln, consistent underlying rev. growth of more than  5% after deal, via FT. (FT) 

Mondi (MNDI LN) - Mondi to acquire Western Europe packaging assets of Schumacher packaging; exp. EUR 22mln cost synergies over three. (Newswires) 

Thales (HO FP) - Adani airport and Thales forge strategic partnership. (Newswires) 

Varta (VAR1 GY) - Signs an agreement with Porsche SE (PAH3 GY) for investment in Lithium-ion cells unit. Transaction exp. to close in Q1'25.  (Newswires) 

Volvo Car AB (VOLCARB SS) - CCO Bjorn Anwall and Deputy CEO will step out of his role from Nov 1 2024. (Newswires) 

Aixtron (AIXA GY) downgraded to Hold from Buy at Deutsche Bank

BP (BP/ LN) downgraded to Neutral from Outperform at Exane BNP

Delivery Hero (DHER GY) rated Buy at Stifel

ING (ING NA) downgraded to Hold from Buy at Deutsche Bank 

Repsol (REP SM) downgraded to Neutral at BNP Paribas

09 Oct 2024 - 07:03- EquitiesResearch Sheet- Source: Newsquawk

Materials (Group)Mondi PLCThales SAEquitiesPaper & Forest ProductsPaper ProductsEuropeArcelorMittalGerresheimer AGAutomobilesAutomobiles & ComponentsAutomobile ManufacturersPorsche Automobil Holding SEFranceHargreaves Lansdown PLCHO.FPMT.NAGXI.GYMNDI.LNPAH3.GYCAC 40 IndexUnited KingdomGermanyHOMTHL.LNMNDIPAH3NetherlandsArcelorMittal SASteel ManufacturingMetals & MiningFTSE 100 IndexAEX 25 IndexDAX 40 IndexHighlightedEU SessionResearch SheetEU SessionResearch SheetHighlightedLuxembourgEUR

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