Additional European Equity News

BP (BP/ LN) - Trading Statement (USD): Q2 results expected to include post-tax impairment of USD 0.5-1.5bln, upstream production now expected to be higher in Q2 than Q1; Co. expects slightly lower net debt at the end of Q2 vs Q1. Sees stronger realised margins in the range of USD 0.3-0.5bln. (Newswires)

Bper Banca (BPE IM) - Co. has attained at least 35% of Banca Popolare di Sondrio (BPSO IM), a stake Bper considers sufficient to secure control. (Newswires)

Carrefour (CA FP) - Agreed to sell nine French stores for EUR 70mln. (Newswires)

Deutsche Telekom (DTE GY) - Lidl owner Schwarz group is planning to pitch to the government to be the lead developer of a major data centre central to Europe's AI efforts (Bloomberg) called to open +1%

Fraport (FRA GY) - June passenger update: 5.8mln passengers, +2.9% Y/Y; cargo volumes 174.3k/MT, -2.3% Y/Y. (Newswires)

Inditex (ITX SM), H&M (HMB SS) - Called to open +1%, amid Levi Earnings read across. 

Mediobanca (MB IM) - Enasacro (Italian trade pension fund) has a 2.52% stake in Mediobanca, via FT. (FT)

UniCredit (UCG UM)/Commerzbank (CBK GY) - German gov't expects UniCredit to drop its bid for Commerzbank and is not willing to lose its stake in the takeover attempt, via DPA citing Finance Minister Klingbeil. (Newswires)

Aviva (AV/ LN) resumed with Overweight at Morgan Stanley