Additional European Equity News

Allianz (ALV GY) - AllianzGI is reportedly in exclusive talks to buy the asset management division of UOB (UOB SP) in a deal that could be valued up to SGD 600mln, Bloomberg reports. (Bloomberg)

Bodycote (BOY LN) - Apollo Management said that it does not plan to make an offer for the co. (Newswires) 

Evoke (EVK LN) – Bally’s Intralot has reached an agreement of an all-share acquisition of Evoke, for GBP 243.1mln. This represents a 138% premium vs the close on 9 December 2025. (Evoke)

Finnair (FIA1S FH) - Reports May traffic +6.2% Y/Y. (Finnair)

Getlink (GET FP) - Reports May passenger shuttles +4% Y/Y. (Getlink)

German Autos - EY analysis suggests that German automakers lost ground to competitors at the start of 2026; specific underperformance was seen in US and China. One analyst noted that “2026 will be another crisis year for the automotive industry”. (Reuters) 

Norwegian Oil/Equinor (EQNR NO) - Norwegian oil companies have agreed to a wage deal with three labour unions, preventing any strike action. Officials have said a general annual pay increase of NOK 42,000. (Reuters)

Peab (PEABB SS) - Co. awarded a SEK 291mln contract to rebuild and extend the Helsingborg Public Library. (Peab)

Pershing Square (PSH LN) - Co. completes its USD 1bln subscription for HHH preferred stock related to its Vantage acquisition. (Pershing Square)

Raspberry Pi (RPI LN) - H1 Trading Update: H1 trading has been strong with profitability materially ahead of the comparable period in FY 2025. H1 units expected to be over 4mln and adj. EBITDA at least USD 38mln. The strong profitability delivered in the H1 is expected to result in FY 2026 EBITDA being significantly ahead of current market expectations. (Raspberry Pi)

Valeo (FR FP) downgraded to Neutral from Buy at ESN.

Vestas Wind Systems (VWS DC) upgraded to Buy from Hold at Kepler Cheuvreux.