Additional European Equity News

Ashmore (ASHM LN) - Trading statement: AuM increases by USD 2.5bln in Q1; Total AuM USD 51.8bln. (Newswires) 

Bayer (BAYN GY)  - CEO said 70% of its reorganization is done and expects 80-90% to be completed by year end. (Newswires) 

DS Smith (SMDS LN) - Approval of International Paper (IP) shareholder was obtained for DS Smith combination. (Newswires) 

easyJet (EZJ LN) - Appointment of CFO, Jan De Raeymaeker. (Newswires) 

Gambling Names - UK Chancellor Reeves is reportedly considering proposals put forward by thinktanks to tax the gambling sector, via The Guardian citing sources; a measure which would raise GBP 0.9-3.0bln. (Guardian)

GSK (GSK LN) - Positive results of anchor trials of Depemokimab. Primary endpoints met with significant reduction in nasal polyp size. (Newswires) 

Lufthansa (LHA GY) - CEO remarked that elevated fees are impacting Germany as a connecting hub for travel. (Bild)

Randstad (RAND NA) - Jesus Echevarria appointed as new COO. (Newswires) 

Rheinmetall (RHM GY) - Is to announce a military JV with Leonardo (LDO IM) mid-October. (Newswires)

Mulberry (MUL LN) - Challice Limited, 56.4% shareholder, declined to sell Mulberry shares to Frasers (FRAS LN). Confirms earlier reports (Newswires) 

Page Group (PAGE LN) - Q3'24 Trading Update: Gross profit GBP 201.4mln, -13.5% Y/Y. Board expects 2024 op. profit to be GBP 58mln. (Newswires) 

14 Oct 2024 - 07:10- EquitiesResearch Sheet- Source: Newsquawk