Additional European Equity News

Bayer (BAYN GY) - Co. says EU authorities are assessing the marketing application for asundexian, an inhibitor for strikes. (Bayer)

Holcim (HOLN SW) - Co. launches the sector's first industrial-scale carbon capture test platform in France to enable field testing and validation of advanced technologies alongside valued third-part partners. (Holcim)

Legrand (LR FP) - Co. announces the acquisition of Girtz Industries; no terms disclosed. (Legrand)

Lundbeck (LUN DC) - Co. to present new patient data on neuroendocrine and neuroimmunology at ENDO 2026. (Lundbeck)

Pennon (PNN LN) - FY 2025/26 (GBP): Revenue 1.29bln (exp. 1.31bln), Pretax profit 114.4mln (exp. 132mln),  financial performance will continue to improve through increased revenues and ongoing focus on cost management. (Pennon)

Revolut - The ECB temporarily curbed permission for the bank's European division to release new products in the EEA until it has corrected deficiencies in the approval process, the FT reports. (FT)

Tritax Big Box (BBOX LN) - Co. says a decision on the planning at its data centre at Manor Farm, Heathrow is now expected to be issued on or before July 7th. (Tritax Big Box)

Unibail-Rodamco-Westfield (URW NA) - Co. agrees to acquire the remaining 50% stake in Westfield UTC from its JV partner, at a value of USD 705mln. (Unibail-Rodamco-Westfield)

Vodafone (VOD LN) - Co. enters heads of terms with PPC Group for a potential JV in Greece (Vodafone)

WH Smith (SMWH LN) - Trading Update: Total revenue +5% Y/Y, LFL Revenue +5% Y/Y, cuts FY26 pretax profit guidance to between 75-90mln (prev. guided 90-105mln), files to sell 26mln shares through retail offer. (WH Smith) 

easyJet (EZJ LN) upgraded to Hold from Sell at Deutsche Bank

Svenska Cellulosa Aktiebolaget (SCAB SS) initiated with Neutral at BNP Paribas