Additional European Equity News

ArcelorMittal (MT NA) – Co. expands its portfolio of renewable energy projects in India. Total expenditure for the projects is anticipated to be approximately USD 0.9bln. (Newswires)

AstraZeneca (AZN LN) – Co. announces that Latify phase III trial has failed to meet primary endpoint in NSCLC. However, combination of Ceralasertib and Imfinzi are well tolerated. (Newswires)

Banco BPM (BAMI IM) – Co. to exercise early redemptions of EUR 400mln notes. (Newswires)

Bayer (BAYN GY) – Co.’s Finerone’s drug approved in Japan for chronic heart failure. (Newswires)

GSK (GSK LN) - Samsung Biologics (207940 KS) announced that it will acquire 100% of Human Genome Sciences from GSK (GSK LN) for USD 280mln. (Finanznachrichten)

Harbour Energy (HBR LN) - Co. announces the acquisition of LLOG Exploration for USD 3.2bln, comprised of cash and voting ordinary shares. (Harbour Energy)

Hiscox (HSX LN) – Co. announces completion of USD 275mln share repurchase programme (Newswires)

Londonmetric (LMP LN) -Co. announces GBP 91mln of investment activity. Sells GBP 64.4mln in retail assets and buys GBP 26.2mln in warehousing. (Newswires)

Nestle (NESN SW)/ Danone (BN FP) - China's Commerce Ministry is to impose levies of up to 42.2% on EU dairy products, effective 23rd December, following its anti-subsidy probe. (Newswires)

Rheinmetall (RHM GY) – Co. to supply weapon systems for Bundeswehr’s new RCH155 wheeled Howitzer with delivery to occur between 2027 and 2029. (Newswires)

Skanska (SKAB SS) - Co. has been awarded a SEK 1.1bln contract to widen the expressway in San Jacinto, California. (Newswires)

Telecom Italia (TIT IM) – Co.’s saving shareholder Davide Leone proposed terms seem adequate and expects transaction to succeed. (Newswires)

Var Energi (VAR NO) – Co. updates 2025 production guidance to 330-335 KBOEPD due to operational challenges at Johan Castberg and Balder Fields; This will be at the lower end of the previous guidance. However, 2026 production guidance remains unchanged at 400 KBOEPD. (Var Energi)