PARIS, March 20 (Archyde.com) – The stocks to follow on Monday on the Paris Stock Exchange and in Europe:
* UBS UBSG.S will acquire CREDIT SUISSE CSGN.S for an amount of three billion Swiss francs (3.04 billion euros) and assume up to 5.4 billion dollars (5.05 billion euros) of losses, within the framework of a merger between the two banks imagined by the Swiss authorities and applauded by several central bankers.
* AIR FRANCE-KLM AIRF.PA announced on Friday that it had exceeded the 75% reimbursement threshold for the recapitalization aid paid by the French State during the COVID-19 crisis.
* ADP ADP.PA – The Directorate General of Civil Aviation (DGAC) on Friday asked airlines to reduce their flight schedule by 30% at Paris-Orly airport and 20% at Marseille airport -Provence as part of a strike notice once morest the pension reform for Monday, March 20.
* ORANGE ORAN.PA – The French telecom operator plans to cut nearly 700 jobs in Orange Business, its business division, Les Echos report in Monday’s edition.
* STELLANTIS STLA.MI announced on Sunday the upcoming launch of several Fiat models in Algeria, where it will produce four vehicles thanks to an investment of more than 200 million euros.
➦ Stellantis invests €200 mlns in Algeria to produce 4 models
* SANOFI SASY.PA reported positive data on Dupixent in atopic dermatitis of the hands and feet on Saturday.
* NOVO NORDISK NOVOb.CO – Novo Nordisk’s diabetes drug Ozempic is available once more in the United States following months of being discontinued, the Food and Drug Administration (FDA) announced on Friday. US health authority, on its website.
THE FRANCE & INTERNATIONAL 7-DAY AGENDA:
(Written by Claude Chendjou, edited by Jean-Stéphane Brosse)
