Additional European Equity News

Aroundtown (AT1 GY) - Co. resolves on Share Buy-Back Programme with a volume of up to EUR 250mln. (Aroundtown) 

CVC (CVC NA) - CVC to purchase Marathon Asset Management in cash; equity at USD 1.2bln. (Newswires) 

Energy Names - Libya signed a deal with TotalEnergies (TTE FP) and ConocoPhillips (COP) to more than double the production capacity of their Waha Oil venture, with investments likely to reach USD 20bln over 25 years. (TTE)

Fnac Darty (FNAC FP) – EP Group proposes takeover bid for the Co. at a price of EUR 36/shr. (Newswires)

S4 Capital (SFOR LN) - FY (GBP) - Net Revenue 664mln (above Co. consensus). The Company expects like-for-like net revenue to be down circa 8.5%, with an operational EBITDA margin of circa 12%. Final dividend of 1p subject to Board and Shareowner approval. (S4 Capital)

Computacenter (CCC LN) downgraded to Hold from Buy at Stifel Nicolaus 

Ericsson (ERICB SS) upgraded to Buy from Hold at Handelsbanken 

Glencore (GLEN LN) downgraded to Hold from Buy at HSBC

Heineken (HEIA NA) downgraded to Neutral from Outperform at Oddo Securities  

Rio Tinto (RIO LN) downgraded to Hold from Buy at HSBC    

Shell (SHEL LN) downgraded to Sector Perform from Outperform at RBC