Additional European Equity News

Akzo Nobel (AKZA NA) - Co. sells its Pakistan business to the Packages Group for an enterprise value of PKR 16.2bln. (Akzo Nobel)

Bouygues Telecom (EN FP) / Free–iliad Group / Orange (ORA FP) - Cos enter exclusive negotiations with the Altice France group for the acquisition of SFR. This offer reflects a total enterprise value of EUR 20.35bln for the Altice France assets under consideration. (Bouygues Telecom)

Ericsson (ERICB SS) - CFO says AI demand for chips will impact Ericsson’s input costs until supply and demand stabilises again. In Middle East, a small impact on cloud software services, where some project deliveries were a bit delayed. No material impact from war in Middle East, we have been rerouting transports. Co. is working with suppliers to mitigate this, will need to work with customers to share burden of this. (Newswires) 

HSBC Holdings (HSBA LN) - OCBC has emerged as the preferred bidder for HSBC’s retail assets in Indonesia, Bloomberg reports. The Singaporean lender is seeking a deal that could value HSBC’s consumer business in the country at around USD 350mln. (Bloomberg)

Volkswagen (VOW3 GY) - Co.'s Audi unit announced it has deepened its partnership with Chinese automaker SAIC to build an innovation and tech centre in Shanghai. (Audi)

BP (BP/ LN) upgraded to Outperform from Neutral at BNP Paribas

TotalEnergies (TTE FP) upgraded to Outperform from Neutral at BNP Paribas

17 Apr 2026 - 07:45- ForexEU Research- Source: Newsquawk