Additional European Equity News

Barratt Developments (BDEV LN)/Redrow (RDW LN) - UK CMA says reasonable ground to believe that parties will complete merger following a court-approved scheme of arrangement. Initial enforcement order will take effect upon completion of the merger. Barratt says: CMA has until 18 Oct 2024 to decide whether to accept undertaking for the Redrow deal. Last day of dealing in, and for registration and transfer of Redrow shares is 21 Aug. CMA can extend review timeframe to Dec 31, if there are special reasons to do so. (Newswires) 

Peab (PEABB SS) - Won paving contract in Northern Norway for NOK 256mln. (Newswires) 

Nokia (NOKIA FH) - Co. and Illweke announce state-of-art optical transport network in Austria. (Newswires)

Swiss Banks/Cos - SNB announces that instant payments were launched in the Swiss market on 20th August, around 60 financial institutions are now able to receive and process instant payments, covering more than 95% of Swiss retail payment transactions. (SNB)

Sydbank (SYDB DC) - H1 (DKK): Core Income 3.64bln, +8% Y/Y, CET1 Ratio 17.7%, -1.2% Y/Y. Outlook 2024: Profit After Tax 2.8-3.1bln. (Newswires)

21 Aug 2024 - 07:10- EquitiesResearch Sheet- Source: Newsquawk

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