Additional European Equity News

AstraZeneca (AZN LN) - New data from Fasenra and Tezspire trials demonstrate AstraZeneca biologics progress towards achieving remission in severe asthma. New EXACOS-CV data uncover increased cardiopulmonary risk following COPD exacerbations. (AstraZeneca)

BP (BP/ LN) - To drill four exploratory nat gas wells in Egypt during Q4. (Newswires)

Bunzl (BNZL LN) - H1 (GBP): Adj. 88.3p (prev. 85.7p YY), Revenue 5.91bln (prev. 5.65bln YY). Announces acquisition in Poland. (Newswires)

Castellum (CAST SS) - To sell eight properties for SEK 430mln. (Newswires)

Hochschild (HOC LN) - Confirms that on 26 August 2023 Ignacio Bustamante stepped down as CEO. (Newswires)

Kuehne und Nagel (KNIN SW) - Delivers 1.4mln/T of wind turbine equipment to the NEOM project in Saudi Arabia. (Newswires) Seen opening higher by 1.6%

Lloyds (LLOY LN) - Completion of the GBP 2bln share buyback programme. (Newswires)

Rio Tinto (RIO LN) - Co. and First Quantum have completed a transaction to form a JV to unlock the La Granja project within Peru, one of the largest undeveloped copper deposits globally. (Newswires)

SBB (SBB SS) - Sells property to Nykvarn for SEK 191mln, part of ongoing deals linked to communicated letters of intent over SEK 3bln. (Newswires)

Shell (SHEL LN) – Sinopec says it is not interested in acquiring Cos Singapore refinery and petchem facility. (Newswires)

Stellantis (STLAM IM/STALP FP) – Giovanni Agnelli Chairman Elkann is to step down, will be replaced by Preller. Giovanni Agnelli owns 52% of Exor which is the main single shareholder of the Co. with a 14% holding. (Newswires)

Telecom Italia (TIT IM) - Italian Treasury can take full ownership of cable unit Sparkle as part of a joint bid with KKR for the Telecom Italia grid, according to a draft degree via Reuters. (Newswires)

29 Aug 2023 - 07:05- EquitiesResearch Sheet- Source: Newswires