European Movers: Thyssenkrupp AG (TKA GY) +3.0%, Leonardo (LDO IM) +2.1%, Siemens (SIE GY) +1.6%, NatWest (NWG LN) -2.4%, Shell (SHEL LN) -2.2%
SourceNewswires
Importance
Level 1
- Thyssenkrupp AG (TKA GY) - Thyssenkrupp could sell its steel division TKSE to Jindal Steel International in phases, with an initial 60% stake followed by the remainder, Reuters reports citing sources. Jindal has conducted due diligence since October. A phased deal could help address about EUR 2.5bln in pension liabilities, the report adds. (Reuters)
- Leonardo (LDO IM) / Leonardo DRS (DRS) - Leonardo DRS appointed Sally Wallace as Executive Vice President and Chief Operating Officer, effective immediately. Wallace has been with the company since 2002. (Newswires)
- Siemens (SIE GY) - Siemens and NVIDIA (NVDA) expand their partnership to build the industrial AI operating system. (Siemens)
- NatWest (NWG LN) downgraded to Equal Weight from Overweight at Barclays
- Shell (SHEL LN) - Co. inks deal for stake in Chevron (CVX) unit’s Angola oil blocks, according to Bloomberg. (Bloomberg)
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