Additional European Equity News

Boohoo (DEBS LN) - Co. signs licencing partnership with Revolution Beauty; no terms disclosed. (Boohoo)

Casino (CO FP) - Co. and the Zouari Family reaffirm their long-term commitment through the signing of a new partnership contract. (Casino)

Energy - Workers at Inpex's Ichthys LNG export plant in Australia are planning to increase strike action to 8 hours a day and implement work banks from Thursday after talks between the Co. and the union stalled. (Bloomberg)

EVs, Stellantis (STLAM IM/STLAP FP) - Mexican President Sheinbaum unveiled the Olinia Uno, a six-seat government-backed EV prototype designed for urban short trips, at a ceremony near Mexico City. The passenger vehicle is expected to sell for approximately MXN 150,000, with sales targeted for summer 2027. A cargo model prototype is due in July. Sheinbaum noted that Mexico plans to install 2-3k charging stations across Mexico City, and two adjoining states by end of next year.

Tate & Lyle (TATE LN) - Co. confirms Ingredion's offer to be acquired at up to 615p/shr, directors to unanimously intend to recommend the acquisition. (Tate & Lyle)

Telenor (TEL NO) - Norwegian regulators clear the Co.'s acquisition of GlobalConnect consumer fibre unit for NOK 6bln. (Newswires)

Arkema (AKE FP) downgraded to Neutral from Buy at Goldman Sachs.

DSM-Firmenich (DSFIR NA) downgraded to Sell from Neutral at Goldman Sachs.

National Grid (NG/ LN) downgraded to Hold from Buy at Deutsche Bank.

Porsche (P911 GY) upgraded to Buy from Neutral at UBS.

TP ICAP (TCAP LN) initiated with Buy at Deutsche Bank

Voelstalpine (VOE AV) downgraded to Neutral from Buy at UBS.