Additional European Equity News

Airliners - Spain's consumer rights ministry fines low-cost airlines EUR 179mln for practices such as charging for cabin bags and booking contiguous seats; Ryanair (RYA ID) fined EUR 108mln. (Newswires) 

Grifols (GRF SM) - Brookfield is opening the door to an improved offer for Grifols, via Expansion. (Expansion)

GSK (GSK LN) - Arexvy approval expanded to adults aged 50-59 at  increased risk of severe RSV disease in Japan. (GSK)

Proximus (PRX BB) - Succesfully sold its mobile tower infrastructure in Luxembourg to infrared capital partners for EUR 108mln. (Newswires) 

TotalEnergies (TTE FP) - Application has been made by the Co. to UK listing authority and LSE for admission of 10,251,337 shares, with a par value of EUR 2.50/shr. Dealings on these shares exp. to commence Nov 27, 2024. (Newswires) 

UK OFGEM - Energy price cap will rise by 1.2% from January. Says for avg. household paying by direct debit for dual fuel this equates to GBP 1,738/yr (prev. GBP 1,928 Jan-March 2024). Says change to price cap will rise by GBP 21 for an avg. household per year or around GBP 1.75/month. (Newswires) 

Aegon (AGN NA) upgraded to Overweight from Equalweight at Morgan Stanely 

Brenntag (BNR GY) upgraded to Buy from Hold at Berenberg

Flutter (FLTR LN) initiated with Buy at Goldman Sachs; GS sees upside to Flutter's 2027 guidance. 

NN (NN NA) downgraded to Equalweight from Overweight at Morgan Stanley 

22 Nov 2024 - 07:25- EquitiesResearch Sheet- Source: Newsquawk