Additional European Equity News - 5th October 2026

Air Liquide (AI FP) - Co. issues its 2030 strategic plan: Aims for Sales CAGR of 5%, recurring net EPS of +10%, recurring ROCE above 11% and margin improvement of 400-600bps. Plans to launch a EUR 4bln share buyback programme over the 2027/28 period. (Air Liquide)

BT Group (BT/A LN) - Co. confirms the acquisition of TalkTalk Telecommunications and PlatformX Communications, with the cash impact to be around GBP 400mln. Following this, BT confirms its FY27 view. (BT) Sky News earlier reported the potential announcement of the acquisition

Ithaca Energy (ITH LN) - Suncor Energy (SU CT) agrees to sell its interests in three offshore oil assets to Ithaca Energy for CAD 1.2bln in upfront cash. (Suncor Energy)

Metlen Energy & Metals (MTLN LN) - Co. announces a long-term commercial agreement with a major Japanese chemical company for the future supply of gallium, representing up to 16% of the Co.’s total annual gallium production from its production facility in Greece. (Metlen Energy & Metals)

National Grid (NG/ LN) - Pre-Close Update: Expects FY27 EPS growth slightly above the guided 13-15%. (National Grid)

Webuild (WBD IM) - Co. announces the acquisition of over 9mln share of Trevi at a price of EUR 5.165/shr. (Webuild)

Evonik (EVK GY) upgraded to Hold from Sell at Berenberg

Genmab (GMAB DC) downgraded to Hold from Buy at Jyske Bank

Hannover Re (HNR1 GY) initiated with Hold at Kepler Cheuvreux

Swiss Re (SREN SW) initiated with Reduce at Kepler Cheuvreux