European Movers: easyJet (EZJ LN) +10.1%, Exail Technologies (EXA FP) +3.3%, ITV (ITV LN) +1.9%, Porsche (P911 GY) +0.9%, Next (NXT LN) +0.3%, Continental (CON GY) -3.0%
- easyJet (EZJ LN) +10.1%: Reaches principle agreement on GBP 5.5bn (GBP 6.90/shr) takeover by Castlelake (c. 6% high vs prev. GBP 6.50/shr)
- Thales (HO FP) to buy Exail Technologies (EXA FP) +3.3% for EUR 134/shr
- ITV (ITV LN) +1.9%: To sell Media & Entertainment unit to Sky, for up to GBP 1.6bln.
- Porsche (P911 GY) +0.9%: Mulling a cut of more than 4k jobs
- Next (NXT LN) +0.3%: Mulls takeover of Harvey Nichols
- Continental (CON GY) -3.0%: downgraded to Hold from Buy at Kepler Cheuvreux
#GERMANY#UNITED KINGDOM#EUROPE#EASYJET PLC#EZJ.LN#ITV PLC#ITV.LN#NEXT PLC#NXT.LN#CONTINENTAL AG#CON.GY#EQUITIES#EU SESSION#HIGHLIGHTED#AUTOMOTIVE PARTS & EQUIPMENT#AUTOMOBILE MANUFACTURERS#BROADLINE RETAIL#AUTOMOBILE COMPONENTS#AUTOMOBILES#BROADLINE RETAIL (GROUP)#AUTOMOBILES & COMPONENTS#CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL#DAX 40 INDEX#FTSE 100 INDEX#CON#DR ING HC F PORSCHE AG#P911#NXT#EUROPEAN EQUITIES