Additional European Equity News

Bper Banca (BPER IM) - Adjusts voluntary conversion price of EUR 150mln notes. (Newswires) 

Diageo (DGE LN) - Q3'25 Trading Statement (USD): Strong Q3 Net Sales Growth. For FY, is on track with sequential improvement in H2 and reiterates FY guidance. Metrics: Net Sales 4.48bln (exp. 4.23bln), +2.9% Y/Y, Organic Net Sales +5.9% (exp. +2.9%). Tariffs: Estimates USD 150mln annual impact from tariffs. Before any pricing, will be able to mitigate around half the tariff impact on Op. Profit on an ongoing basis. Cost saving: Announces a USD 500mln cost saving programme. (Newswires) 

Getlink (GET FP) - Eleclink operations have been suspended for a period of two weeks. (Newswires) 

GSK (GSK LN) - Blenrep for 2L+ multiple myeloma approved in Japan. (Newswires) 

Prosus (PRX NA) - Prosus launches a recommend all-cash offer for  Just Eat (JET LN); offer is for EUR 20.30/shr in cash, valuing the Co. at EUR 4.1bln. (Newswires) 

MedioBanca (MB IM) downgraded to Equal Weight from Overweight at Morgan Stanley 

Unibail-Rodamco-Westfield (URW IM) upgraded to Equal Weight from Underweight at Morgan Stanley 

19 May 2025 - 06:55- ForexEU Research- Source: Newsquawk

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