Additional European Equity News

ASM International (ASM NA) - ASM announces resignation of Supervisory Board member Mr Van den Brink. (ASM International) 

AstraZeneca (AZN LN) - Saphnelo approved in the US for subcutaneous self-administration as a new autoinjector for the treatment of systemic lupus erythematosus. (AstraZeneca) 

Bachem (BANB SW) - Receives CHF 500mln revolving credit line with 5yr maturity and non-committed option to increase the facility by CHF 150mln (Newswires)  

Cint Group (CINT SS) - Receives SEK 5.60/shr (last close SEK 4.21/shr) cash offer from Triton-Led Consortium (Newswires)

Close Brothers (CBG LN) - Sky News reports that the Co. will not challenge the UK's GBP 9.1bln compensation scheme. (Sky News)  

Casino (CO FP) - Notes GPA injunction of shares; Casino intends to appeal the decision. (Newswires) 

Commerzbank (CBK GY) - German officials reportedly approached banks, exploring whether a new investor could step in to take a stake in Commerzbank, to help defend against the UniCredit (UCG IM) bid. (Bloomberg) 

GSK (GSK LN) - GSK's TESARO confirms that the Delaware Chancery Court has granted the motion to dismiss filed by AnaptysBio, Inc. against TESARO's claim for anticipatory breach. The court's ruling does not address the merits of the principal contractual dispute between the parties and has no impact on TESARO's remaining claim against AnaptysBio for declaratory judgment. (GSK)

Hensoldt (HAG GY) - Co. said that it does expect to be impacted by Chinese export limits. (Bloomberg) 

Frasers (FRAS LN) - Co. announces a GBP 70mln share buyback. (Frasers) 

Generali (G IM) / UniCredit (UCG IM) - After UniCredit boosted its stake in Generali, Bloomberg, citing people familiar with the matter, suggested that the move aims to support and strengthen the bank's hand in any potential deals pursued by others. Additionally, over the weekend, Il Sole 24 outlined that the stake will have exceeded 9%, according to sources. (Bloomberg/Il Sole 24) 

Galp Energia (GALP PL) - Q1 (EUR): RCA EBITDA 943mln (exp. 872.1mln), Net Income 272mln (prev. 192mln Y/Y). (Galp Energia)

Ryanair (RYA ID) - To shut Berlin base as it blames rise in German aviation tax (Guardian)

SAP (SAP GY), Thales (HO FP) - SAP RISE private cloud edition will be deployed by SAP Sovereign Cloud on S3NS’ SecNumCloud-qualified Cloud Platform, known as PREMI3NS, by H2 2026 enabling organizations to run critical workloads in a trusted environment aligned with French and European regulations. (SAP) 

Verbund (VER AV) - CFO to step down. (Verbund) 

Whitbread (WTB LN) - Co. to sell 20% of its freehold hotel properties, unlocking GBP 1.5bln. (The Times)