Additional European Equity News

AIB Group (A5G ID) - CFO Galvin has informed the Co. of his intention to step down from his role. (AIB Group)

Akzo Nobel (AKZA NA) – Co. confirms that on May 1st, it rejected a conditional cash offer of EUR 73/shr from Nippon Paint and Sherwin-Williams. (Newswire) Note AKZA NA last closed at EUR 52.52.

Assa Abloy (ASSAB SS) – Co. is offering 7.6mln Class B shares to AB Lator, priced at SEK 330/shr. (Newswires)

AstraZeneca (AZN LN) - The US FDA has informed the Co. that it will extend the PDUFA date to review additional data requested to support the new drug application for camizestrant in combination with a CDK-4/6 inhibitor for the 1st-line treatment of patients with HR-positive, HER2-negative advanced breast cancer whose tumours have an emergent ESR1 mutation. (AstraZeneca)

Eni (ENI IM) - Co. reportedly said to get USD 15bln financing for Asia Gas JV with Petronas. (Alliance News)

Heijmans (HEIJM NA) – Co. has been awarded the EUR 83mln contract to renovate the Heerhugowaard prison. (Heijmans)

ISS (ISS DC) – Co. has been awarded a new contract by West Sussex County Council to deliver high-quality, inclusive, and sustainable school meals across the county. The contract has an annual value of approx. DKK 100mln. (ISS)

Naturgy (NTGY SM) - CVC sold its entire 13.8% stake in the Co. at EUR 28.55/shr, totalling around EUR 4bln. (Reuters)

Pets at Home (PETS LN) - FY 2026 (GBP): Revenue 1.47bln (prev. 1.48bln Y/Y), PBT 85.5mln (prev. 120.6mln Y/Y), guides FY27 underlying PBT at 98mln and underlying retail market growth between 1-2%, announces GBP 50mln share buyback. (Pets at Home)

Volvo Car (VOLCARB SS) - The Trump administration has reached an agreement with the Co. that will allow the automaker to avoid a US ban on connected vehicles tied to China. (Bloomberg)

UK Energy - UK's energy regulator Ofgem announces 13% increase in energy price cap for 1 July to 30 September 2026 (as expected), citing higher wholesale gas prices due to Middle East conflict. (Ofgem)

Wacker Chemie (WCH GY) - Co. has successfully placed 2.1mln shares of Siltronic (WAF GY) at a price of EUR 89.35 per Siltronic share (vs prior close of EUR 97.05). (Wacker Chemie). Siltronic shares seen -5.7%.