Additional European Equity News

SourceNewsquawk
SectionEuropean Equities

Akzo Nobel (AKZA NA) - Co. confirms they have received the EUR 7.5bln offer from Nippon Paint for its decorative paints business. Co. says the proposal significantly undervalues its decorative paints business and continues to recommend a merger with Axalta. (Akzo Nobel) Nippon Paint confirmed earlier reporting that it has put in an offer for Akzo's paints business

GSK (GSK LN) - Co. announces positive interim results in its phase II AZUR-1 trial of Jemperli in patients with dMMR/MSI-H locally advanced rectal cancer. The single-arm trial met its primary objective, showing a meaningful and sustained clinical complete response rate at 12 months. (GSK)

Infineon (IFX GY) - Co. says they have signed an MoU with LS Electric (010120 KS) to collaborate on direct current power systems for AI data centres. (Infineon)

Plus500 (PLUS LN) - H1 2026 (USD): Revenue 462.9mln (prev. 415.1ln Y/Y), EBITDA 187.5mln (prev. 185.1mln Y/Y), Consumer Income 460.8mln (prev. 371.5mln Y/Y); expects FY26 revenue and EBITDA to be in-line with current market expectations. (Plus 500)

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