Additional European Equity News

Alstom (ALO FP) - Akiem signs a new EUR 500mln framework agreement for 100 Traxx multi-system locomotives with the Co. (Newswires) 

Diasorin (DIA IM) - Launches the LIAISON Urinary Ag assay in all countries accepting the CE Mark to improve diagnosis of legionnaires disease. (Newswires)

Entain (ENT LN) - Acquires Angstrom Sports for up to GBP 122mln. (Newswires)

Galp Energia (GALP PL) - Q2 Update: Sales of refined productions to direct clients up 3% QQ at 1.8mln, Q2 Net Entitlement Production down 3% QQ at 116,900 barrels per day, Total natural gas sales down 12% QQ at 3282 GWH. (Newswires)

H&M (HMB SS) - Announces plans to launch its stores in Brazil during 2025. (Newswires)

Iberdrola (IBE SM) - Second quarter net electricity production was 2.7% YY. (Newswires)

Nexi (NEXI IM) - Co. is reportedly considering the sale of its Italian interbank network unit, via Corriere dell Sera. No size disclosed. (Corriere della Sera)

Roche (ROG SW) - Co. alongside two US subsidiaries have filed a lawsuit against Biogen (BIIB), accusing Biogen of infringing patents on a planned biosimilar to Actemra. (Newswires)

Rio Tinto (RIO LN) -  Australia's Sovereign Metals said the Co. agreed to buy a 15% stake in their company, and closely work together on a project in Malawi. (Newswires) 

Santander (SAN SM) - Accelerating growth of its investment bank by hiring at least 50 bankers, primarily in US. (Newswires) 

Telefonica (TEF SM) - The Co. and Asterion are exploring the sale of jointly-owned Nablax, which could be valued at around EUR 1bln, according to Reuters citing people familiar with the matter (Reuters) 

Thule Group (THUL SS) - Appoints Toby Lawton as CFO, to assume position at latest in Jan 2024. (Newswires) 

Tullow Oil (TLW LN) - Jubilee field producing over 100k BOPD, both fields performing in line with expectations and have increased production rates by C.50% compared to first half of the year. (Newswires)

EQT (SQT SS) upgraded to Buy from Hold at Nordea

Gjensidige (GJF NO) upgraded to Buy from Hold at Kepler Cheuvreux 

Johnson Matthey (JMAT LN) upgraded to Buy from Hold at Deutsche Bank

Nokia (NOKIA FH) downgraded to Accumulate from Buy at Inderes

17 Jul 2023 - 07:15- EquitiesResearch Sheet- Source: Newsquawk