Additional European Equity News

Atos (ATO FP) - Non-binding confirmatory offer letter received from French state for potential acquisition of BDS's advanced computing, mission critical systems. Proposed EV of EUR 700mln (Newswires) 

Autos - China is internally moving ahead with the procedure to raise the temporary tariff rate on imported cars with large displacement engines, via Global Times. (Global Times)

Barratt Development (BDEV LN) - UK CMA says deadline of Barrat and Redrow (RDRW LN) Phase 1 decision is 8 Aug 2024; regarding the acquisition. (Newswires) 

Casino (CO FP) - Enters into exclusive negotiations with Auchan Retail France and Rocca with a view of selling its Corsican subsidary, via Reuters. (Reuters) 

Continental (CON GY)/Rheinmettal (RHM GY) - Cos have signed an MoU against the backdrop of the upturn in defense industry. (Newswires) 

Crest Nicholson (CRST LN) - Says it rejected Bellway's (BWY LN) proposal as it significantly undervalued the Co. and its future standalone prospects. (Newswires) 

BT (BT/ LN) - Co. has spoken out against the Vodafone (VOD LN)/ CK Hutchinson (1 HK) merger, telling the CMA that customers would not see lower promised or greater investment, via The Times. (The Times)

Novo Nordisk (NOVOB DC) - The Times reports that "healthy-sized" young women are ending up in A&E, after purchasing weight-loss drug Ozempic. (The Times)

Repsol (REP SM) - Saudi Aramco has hired BNP Paribas to negotiate its entry into Repsol's renewable unit as a minority shareholder, via Expansion. (Expansion)