Values ​​to follow in Paris and in Europe (updated)

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AXA TO FOLLOW IN PARIS

PARIS (Reuters) – Values ​​to follow on Friday on the Paris Stock Exchange and in Europe:

* LONDON STOCK EXCHANGE GROUP and EURONEXT – LSE, the operator of the London Stock Exchange, announced on Friday that it had entered into exclusive negotiations with Euronext for the sale of its subsidiary Borsa Italiana, which manages the Milan Stock Exchange and was also coveted by the Swiss SIX and German DEUSTCHE BÖRSE.

* CAIXABANK and BANKIA – Caixabank announced on Friday the acquisition of Bankia, controlled by the State, as part of an all-equity transaction valuing the latter 4.3 billion euros, to give birth to the largest banking group of Spain by the active.

* COVESTRO – The action of the German plastics group gains nearly 10% in pre-market trading; According to Bloomberg, private equity group Apollo Global Management is considering a takeover bid.

* AXA on Thursday announced its intention to appeal a judgment from the Paris Commercial Court ordering it to compensate five restaurant owners forced to close during the coronavirus epidemic.

* FAURECIA – Fiat Chrysler Automobiles and PSA announced Thursday in a press release that, at their request, EXOR, EFP / FFP, Bpifrance and DFG shareholders had accepted a non-transferability clause for their Faurecia shares for a period of six months.

* LVMH unsuccessfully asked the French Minister of the Economy and Finance, Bruno Le Maire, to help it find a way out of its plan to merge with the American jeweler Tiffany, the Wall Street Journal reported Thursday, citing senior French officials.

* SAINSBURY – Czech billionaire Daniel Kretinsky said Thursday evening that the acquisition of 3.05% of the capital of the British distributor revealed at the start of the day was a “long-term investment in the highly competitive environment of the British consumer market “. Sainsbury’s title ended the day up 3.32%.

* ROCHE – The Actermra / Roactemra treatments developed by the pharmaceutical group reduce the likelihood that patients with COVID-19-related pneumonia will need mechanical ventilation, the company said on Friday.

* ERICSSON on Friday announced the acquisition of CradlePoint for an enterprise value of $ 1.1 billion, a transaction intended to expand its 5G business for businesses.

* NICOX announced on Friday the departure of Tomas Navratil, its executive vice president and director of research and development, which will be effective on October 16. The group says they have launched the search for his successor.

* EURAZEO announced on Friday the completion of the transaction aimed at acquiring a majority stake in the company EasyVista.

(Marc Angrand and Blandine Hénault)

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