Additional European Equity News

AstraZeneca (AZN LN) - Imfinzi granted priority review and breakthrough therapy designation in the US for patients with resectable early-stage gastric and gastroesophageal junction cancers. AstraZeneca expects FDA regulatory decision in Q4 2025. (Newswires) 

Banco BPM (BAMI IM) - Davide Leone has increased his stake in the Co. to 8.17% (prev. 5.30%) as of July 17. (Newswires) 

Bavarian Nordic (BAVAB DC) - Consortium led by Nordic Capital and Permira will make an all cash offer for Bavarian Nordic; offer price is DKK 233/shr in cash (last closed DKK 233), or for EV DKK 19bln. Board intends to recommend shareholders to accept the offer. (Newswires)

Computacenter (CCC LN) - H1 (GBP): Notes that certain large orders in NA and UK which were expected to complete during H1, are moving to Q3. Guides H1 Adj. Op. Income "ahead" of the 81.1mln. 

Cranswick (CWK LN) - Q1 2025: Revenue +9.7% Y/Y. Outlook in-line with expectations. (Newswires)

Eni (ENI IM) - Co. expects profits from its green unit to rival oil and gas revenue within a decade. (FT)

John Wood (WG/ LN) - Extension granted for Sidara to announce a firm offer; deadline extended to 17:00 BST on 25 August 2025. (Newswires) 

GSK (GSK LN) - China's Jiangsu Hengrui Pharma has agreed to license the global rights of several drugs to GSK for USD 500mln upfront. (Newswires) 

Iberdrola (IBE SM) - Co. and Echelon create a JV for the development of data centres in Spain. (Newswires) 

Nordex (NDX1 GY) - Post earnings call, says view on US market unchanged, continues to be a key market for wind energy (Newswires)

Reckitt (RKT LN) - Commences latest GBP 1bln 2025 share buyback programme. (Newswires) 

Spirits - French trade minister said spirits should be exempted from EU-US deal (Newswires)

Stellantis (STLA IM/ STLAP FP) - Poached Renault (RNO FP) design chief (Newswires) STLA ADR rose +5% on Friday 

Telecom Italia (TIT IM) - Co. is in talks with Warner Bros Discovery (WBD); Discovery to include the HBO Max service in its TimVision offering, according to Reuters, citing sources. (Reuters) 

Tesco (TSCO LN) - Announces continuation of previously announced GBP 14.5bln share buyback programme. (Newswires) 

Deutsche Bank (DBK GY) downgraded to Hold from Buy at Kepler Cheuvreux

28 Jul 2025 - 07:05- EnergyEU Research- Source: Newsquawk