Additional European Equity News - 2nd November 2026

BP (BP/ LN) - Co. completes the sale of a 65% stake in Castrol to Stonepeak, with USD 6bln in after-tax proceeds to be used to further reduce financial obligations. (BP)

LondonMetric (LMP LN) - Co. CFO McGann is to retire in the summer of 2027. (LondonMetric)

LSE Group (LSEG LN) - Co. begins its share buyback programme of up to GBP 650mln. (LSEG)

Metlen Energy (MTLN LN), Shell (SHEL LN) - Cos. sign a five-year LNG supply agreement, under which Shell will supply Metlen with six cargoes annually from 2027, sourced primarily from its US LNG portfolio. (Metlen Energy)

SES (SESG FP) - Co. signs an agreement with Finnair (FIA1S FH) to equip 18 E195-E2 aircraft with multi-orbit in-flight connectivity. (SES)

Aixtron (AIXA GY) upgraded to Buy from Hold at Kepler Cheuvreux

British American Tobacco (BATS LN) upgraded to Buy from Neutral at Goldman Sachs

Novartis (NOVN SW) downgraded to Sell from Hold at Deutsche Bank

Saab (SAABB SS) initiated with Neutral at JPMorgan

Tesco (TSCO LN) reinitiated with Buy at Citi