Additional European Equity News

Assa Abloy (ASSAB SS) - The Co. has acquired International Door Products in the US. (Assa Abloy)

Davide Campari (CPR IM) - The Co. is considering the sale of three of its liquor brands that generate nearly EUR 800mln in revenue as the CEO plans to streamline the portfolio, according to Corriere della Sera. (Corriere della Sera)

Iberdrola (IBE SM) - The Co.'s Brazilian unit has signed a contact to sell hydro-power plant Dardannelos to EDF Brazil Hidro Participacoes for BRL 2.5bln. (Iberdrola)

IMI (IMI LN) - The Co. has agreed to sell Truflo Marine for GBP 225mln to Fairbanks Morse Defense. (IMI)

ING Groep (INGA NA) - The Co. has successfully completed two significant risk transfer transactions. The transactions are expected to reduce the group's risk-weighted assets by EUR 3.4bln. (ING Groep)

Prosus (PRX NA) - H1 (USD): Revenue 3.6bln, +22% Y/Y; E-commerce adj. EBITDA 530mln, +70% Y/Y; Co. still expects to achieve its FY26 E-commerce revenue guidance of 7.3-7.5bln. (Prosus)

Volvo (VOLVB SS) - Volvo Construction Equipment expands its European industrial footprint with a new crawler excavator assembly factory in Eskilstuna, Sweden, to be serving the European markets. (Volvo)

Arkema (AKE FP) downgraded to Hold from Buy at Deutsche Bank.

BASF (BAS GY) downgraded to Hold from Buy at Deutsche Bank.

Givaudan (GIVN SW) upgraded to Buy from Hold at Deutsche Bank.

National Grid (NG/ LN) downgraded to Underperform from Outperform at BNP Paribas.

Sika (SIKA SW) upgraded to Buy from Neutral at Citi.

24 Nov 2025 - 07:40- ForexEU Research- Source: Newsquawk