Additional European Equity News

Allianz (ALV GY) - Co. withdraws pre-conditional offer for Singapore's Income Insurance whilst confirming its long-term commitment to the country. (Newswires) Confirms earlier reports

AstraZeneca (AZN LN) - Appointed Rene Haas and Birgit Conix as non-exec directors. (Newswires) 

Ageas (AGS BB) / Saga (SAGA LN) - Reached agreement with UK over 50S Specialist Saga; completion subject to regulatory approvals, and targeted to go live in Q4'25. Ageas to pay Saga GBP 80mln upfront. (Newswires) 

HSBC (HSBA LN) - Australia has initiated legal action against the bank, claiming that it failed to correctly respond to scam reports. (Newswires) 

GSK (GSK LN) - Jemperli received positive CHMP opinion; approval decision exp. Q1'25. (Newswires) 

Shell (SHEL LN) - Invests in Bonga North deep-water project in Nigeria. (Newswires) 

Stellantis (STLAM IM/STALP FP) - Co. and CATL (300750 CH) have formed a JV to construct a c. EUR 4bln EZ plant in Spain. (DigiTimes)

Telefonica (TEF SM) - Vice President of the Co., Javier Echenique passed away. (Telefonica) 

UK Telecoms - TalkTalk is to cut hundreds of jobs as it attempts to cut costs, according to The Telegraph. (The Telegraph)

Vivendi (VIV FP) - Havas,spin-off to start trading on Monday

Glencore (GLEN LN) upgraded to Outperform at BMO Capital Markets

SAP (SAP GY) downgraded to Hold from Buy at HSBC

16 Dec 2024 - 07:10- EquitiesResearch Sheet- Source: Newsquawk