Additional European Equity News

Accor (AC FP) - Les Echos reports that Brookfield and Blackstone are among private equity firms who are looking to acquire a 30% stake in Essendi; sources suggest that the current co-shareholders are also looking to increase its stake. (Les Echos)  

Big Yellow Group (BYG LN) - Co. has extended the PUSU deadline, stating that Blackstone (BX) must announce their offer of intention by December 8, 2025. (Big Yellow Group)

Diageo (DGE LN) - Sir Dave Lewis has been appointed CEO, to be in effect on January 1, 2026. (Diageo)

Eni (ENI IM) - Co., along with Petronas and Euglena, is to start a biorefinery in Malaysia. The facility is to process up to 650k tonnes of renewable feedstock per year. (Newswires)

Ferrexpo (FXPO LN) - Co. confirms the attack on its Ukrainian energy infrastructure on November 8. The supply of power to its operations has been affected and production and exports will therefore be interrupted. (Newswires)

Haleon (HLN LN) - Vindi Banga has been appointed CEO following the resignation of  Sir Dave Lewis, to be in effect on January 1, 2026. (Haleon)

Hexagon (HEXAB SS) - Co. to buy Inertial Sense to strengthen its positioning portfolio. The deal is expected to be completed in H1’26. (Hexagon)

Kingspan (KRX ID) - 9M (EUR): Sales 6.8bln, +8% Y/Y; noted positive  impact of acquisitions. (Kingspan)

Commerzbank (CBK GY) upgraded to Buy from Hold at Deutsche Bank 

Mondi (MNDI LN) downgraded to Underweight from Equal Weight at Barclays  

Rightmove (RMV LN) upgraded to Outperform from Sector Perform at RBC

UPM-Kymmene (UPM FH) upgraded to Overweight from Equal Weight at Morgan Stanley  

10 Nov 2025 - 07:05- EquitiesEU Research- Source: Newsquawk