Live from the markets: Ubisoft kicks in, Atos delays, Richemont sells YNAP

In France

Important announcements (and less important… I should point out that the information is given immediately before the opening and does not prejudge the color of the shares during the session)

• TotalEnergies is considering entering the copper trading business, according to a senior executive.
• Airbus delivered 50 aircraft in September, down 9% from 55 deliveries the previous year.
• Xavier Niel leaves the supervisory board of Unibail-Rodamco-Westfield and becomes a director of ByteDance.
• Stellantis is suing the UAW in US federal court over strike threats.
• Sanofi, GSK and CSL to increase supply of avian flu vaccines in the United States.
• Amundi throws one share buyback program intended to cover stock options to be distributed.
• Bureau Veritas sells its food testing business for €290 million net to Mérieux NutriSciences. The group simultaneously bought IDP Group.
• Atos and the State have not been able to agree on the sale price of BDS’s Advanced Computing, Mission-Critical Systems and Cybersecurity Products activities, but continue to discuss.
• Getlink estimates the impact of the shutdown of ElecLink at €46 million in revenue until it returns to service on November 16.
• The founders of Ubisoft could join forces with Tencent with a view to buying the group, a rumor which caused the stock to jump by more than 30% on Friday. Ubisoft responded this morning that it had “taken note of recent speculation” and that it “regularly examines all of its strategic options in the interest of its stakeholders”.
• Elis has given up on getting closer to the Americans Vestis or Unifirst.
• Bonduelle has an annual net loss of €120 million due to the depreciation of its activity in North America.
• The EU validated the takeover of Clasquin by MSC at EUR 142.03 per share.
• UTI Group raises €2.46 million through capital increase reserved at EUR 0.20 per share.
• Transgene will present a poster on updated TG4050 data at SITC 2024.
• Hopium fired 50 OCAs in September.
• Vergnet draws 350 OCA.
• The main publications of the day : Metavisio… The rest here.

In the big world

Important (and not so important) announcements

D’Europe

• Italgas signs $5.8 billion deal to buy rival 2i Rete Gas.
• Compagnie Financière Richemont sells its YNAP e-commerce business to Mytheresa.
• The CEO of Commerzbank believes that his bank would lose customers in the event of a merger with UniCredit.
• The Hayek family bought back more than 14 million Swatch shares.
• Italy plans to sell up to 15% of Banca Monte dei Paschi in a share placement.
• Eni is in talks with Japan for the supply of LNG.
• Novo Nordisk invests $158 million in an insulin factory in Brazil.
• The main publications of the day : nothing…

From North America

• Vista Outdoor has agreed to be sold in two parts for $3.35 billion: Revelyst goes to Strategic Value Partners and Kinetic goes to the Czech CSG. The overall price represents 45 USD per share, compared to 43 USD for the MNC offer.
• Donald Trump claims that JPMorgan Chase boss Jamie Dimon supports him, but the bank denies this.
• Starboard buys $1 billion position in Pfizer.
• Boeing launches a new round of negotiations on Monday after three weeks of strike.
• Meta presents its video generative AI, Movie Gen.
• Kroger completes sale of its specialty pharmacy business to Elevance Health.
• Regeneron chief says weight-loss drugs could cause ‘more harm than good’.
• Wynn Resorts secures UAE’s first gaming license.
• The main publications of the day : nothing…

From Asia Pacific and beyond

• Adani is in talks to buy Heidelberg Materials’ Indian cement business, according to the Economic Times.
• Rio Tinto is in talks to buy lithium mining company Arcadium.
• Foxconn reports record Q3 revenue as demand for AI rises.
• Seven & I up on rumors of transfers.
• The Saudi investment fund plans to increase its stake in Nintendo, according to Kyodo.
• The main publications of the day : nothing…

The rest of the global publications calendar here.

Lectures