Additional European Equity News
AstraZeneca (AZN LN) - To acquire EsoBiotec for USD 1bln. Elsewhere, Imfinzi approved in EU for limited-stage SCLC. (Newswires)
Assa Abloy (ASSAB SS) - Acquires Gesellschaft; accretive to EPS from the start. (Newswires)
Phoenix (PHNX LN) - FY (GBP): Total Cash Generation 1.78bln (prev. 2.02bln Y/Y, prev. guided 1.4-1.5bln). (Newswires)
Nexans (NEX FP) - Enters into exclusive negotiations with Latour Capital for the sale of Lynxeo for EUR 525mln. (Newswires)
Veolia (VIE FP) - BPIFrance and LAC1 to buy EUR 800mln stake in the Co. (Newswires)
UK Supermarkets - After Sainbury's (SBRY LN) and Tesco (TSCO LN) fell in the prior session (after Asda pledged to cut prices); JP Morgan writes that the the recent losses may prove to be a buying opportunity in the short/mid-term, based on strong fundamentals. (Newswires)
Zealand Pharma (ZEAL DC) - Announced completion of enrolment in the Phase 2b Zupreme-1 trial Petrelintide in people with overweight or obesity. (Newswires)
Puma (PUM GY) downgraded to Add from Buy at Baader
17 Mar 2025 - 07:01- ForexEU Research- Source: Newsquawk
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