Additional European Equity News

Lufthansa (LHA GY) - Reports that the EU will give approval for the ITA takeover today. (Newswires)

Michelin (ML FP) - To increase Japanese prices by 5-8% in February on average. (Newswires)

Peel Hunt (PEEL LN) - H2 Update: Trading in the first few weeks has been in-line with expectations. Expects a degree of uncertainty to persist in the short-term. (Newswires)

Repsol (REP SM) - Come to a deal for the sale in Colombia to Geopark of 100% of the shares of Repsol Colombia Oil & Gas ltd; deal for USD 530mln. (Newswires)

Sabadell (SAB SM) - Armengol appointed CEO, from January 2025. (Newswires)

Semiconductors -TSMC (TSM) plans to start manufacturing its 2nm process in the US around 2028, following mass production in Taiwan starting in 2025, according to reports in Taiwanese press. This timeline is in line with Taiwan's policy, which restricts TSMC from investing in advanced technologies abroad until three years after domestic production begins. (Newswires)

Euronext (ENX FP) downgraded to Hold from But at HSBC

Next (NXT LN) initiated with Buy at Berenberg

Premier Foods (PFD LN) initiated with Buy at Berenberg

TotalEnergies (TTE FP) upgraded to Outperform from Neutral at Santander