Additional European Equity News

Casino (CO FP) - Co. has applied for the opening of conciliation proceedings for Casino Group entities and that discussions are continuing with financial creditors. (Casino)

Centrica (CNA LN) - Co. announces that its subsidiary, British Gas, has agreed to pay GBP 20mln into Ofgem’s Voluntary Redress Fund following Ofgem’s investigation into legacy prepayment meter practices. The investigation followed issues identified in 2023, covered activity between February 2018 to February 2023, and was resolved with the regulator through alternative action. (Centrica)

EasyJet (EZJ LN) - EasyJet received a positive mention in the FT's Lex column, which says it is Europe’s most unloved large airline, with shares down 31% this year despite being debt-free, noting that it trades below 0.8x book value, and aruing that its new aircraft deliveries through 2030 could improve fuel efficiency and passenger growth, while its valuation is only 4x operating profit vs 9x in 2019. (FT)

LVMH (MC FP) - Co. has agreed to sell Marc Jacobs to WHP Global; no financial terms disclosed, according to the FT. (FT)

Nexans (NEX FP) - Co. receives clearance from the US antitrust authorities for Republic Wire acquisition. (Nexans)

Skanska (SKAB SS) - Co. has signed a contract of up to SEK 1.9bln for construction work with an undisclosed client. (Newswires)

Unite Group (UTG LN) - AGM Statement: 2026/27 reservations on track and guidance confirmed. CEO "We are increasing our disposal plans and working with advisors to explore options to further accelerate our transition to a more focused, higher-quality portfolio. This will release surplus capital for reinvestment into share buybacks or University Partnerships consistent with our capital allocation framework." (Unite Group)