Additional European Equity News

Biotage (BIOT SS) - Board recommends shareholders accept RWK Bidco offer of SEK 145/shr. (Newswires) 

DCC (DCC LN) - To sell healthcare division to Healthco for GBP 1.1bln, deal valued at 12x its adj. FY operating profit and will see GBP 945mln in net cash proceeds over the coming years 

Mercedes-Benz (MBG GY) - CEO said they are expanding the top end of vehicle portfolio and creating a new segment for Vision V; Vision V models will range from VLE to VLS, will also be produced in China. (Newswires) 

Sainsbury's (SBRY LN) - Commencement of GBP 200mln share buyback. (Newswires) 

TotalEnergies (TTE FP) - First oil from the Ballymore offshore field. (Newswires) 

Boliden (BOL SS) upgraded to Sector Perform from Underperform at RBC 

Telefonica (TEF SM) initiated with Market Perform at SocGen 

Orsted (ORSTED DC) downgraded to Underweight from Equal Weight at Barclays