European Stock Market: Airbus Receives Record Order & UBS Takes Over Credit Suisse

2023-06-05 06:55:00

PARIS, June 5 (Archyde.com) – The stocks to watch on Monday on the Paris Stock Exchange and in Europe where index futures point to a stable opening:

* AIRBUS AIR.PA is set to secure a record order for 500 A320 Family single-aisle aircraft from Indian airline IndiGo INGL.NS, industry sources reported on Sunday. The European aircraft manufacturer has also indicated that it has seen greater visibility on its forecasts in terms of industrial activities.

* UBS UBSG.S announced on Monday that it expects to complete the takeover of CREDIT SUISSE CSGN.S as early as June 12.

* DIAGEO DGE.L announced on Monday the hospitalization of its managing director Ivan Menezes, who is due to officially retire next month. Debra Crew, appointed in March to succeed him on July 1, is acting.

* FROY FROY.OL – Goldman Sachs Asset Management (GSAM) has made an offer to buy Norwegian aquaculture services group Froy for 6.6 billion Norwegian kroner (569 million euros) in cash, the two companies announced in a press release.

* NOVO NORDISK NOVOb.CO announced on Monday that it has begun talks to take a majority stake in French medical device designer BIOCORP ALCOR.PA.

* AXA IM Alts AXAF.PA has announced the acquisition from NEXITY NEXI.PA of a 12 hectare plot of land in Villiers-sur-Marne which includes film studios.

* LUFTHANSA LHAG.DE – Chairman of the board Carsten Spohr has declared premature any discussion of the German airline group’s possible interest in taking over TAP, saying that Lisbon is still considering the privatization of the Portuguese company.

* ORPEA ORP.PA – The manager of Ehpad announced on Friday evening that it had benefited from a first drawdown of 200 million euros in “new money” financing granted by the group’s main banking partners and its subsidiaries Niort 94 and Niort 95 .

(Written by Claude Chendjou and Laetitia Volga)

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