Live from the Markets: GM drops Cruise, Zara publishes, takeover bid for About You

Every morning, the Zonebourse team identifies and summarizes the significant information concerning listed companies around the world, to have the main news at the start of the trading day. The content includes one part on France and the other on the main international markets, in particular American companies and those from major European markets (UK, Germany, Switzerland, Italy, Spain) and Asia-Pacific.

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)

Stellantis and CATL create a battery factory in Spain.
Sanofi obtains fast-track designation in the United States for two combination vaccines against influenza and COVID-19.
LVMH would take 20% of Domaines de Fontenille.
Dassault Systèmes places its solutions at RED Electrica.
Technip Energies, in consortium, has been awarded a contract to build a gas-fired power station equipped with a carbon capture and storage system in the United Kingdom.
Scor holds more than 93% of the capital of MRM, which is heading towards a delisting.
GTT will design the tanks for two new LNG carriers for Hanwha Ocean.
VusionGroup obtains a contract with Coop Alleanza 3.0 in Italy.
Derichebourg launches a small share buyback.
Atos has delivered the shares of its capital increase. There are now 63.175 billion shares outstanding, but future reserved capital increases and upcoming warrant exercises could bring this total to more than 244 billion.
GL Events enters into exclusive negotiations for the Stade de France concession.
Freelance prepares for the future by separating the functions of president and general manager.
LDLC Group says it is the victim of a customer data leak following a cyber attack. The group had already had customer data stolen last March, as well as in 2021.
Cellectis draws the last tranche of €5 million from its EIB financing.
Crossject has issued €7.2 million of ABSA as part of a private placement, to extend its financing horizon to the end of 1^is half-year 2025 and obtain decisive progress on Zepizure.
Acticor Biotech could be placed in liquidation on December 19, at the request of the receiver.
The main publications of the day : Medincell, Groupe Partouche, Moulinvest, Miliboo, Entech, Hunyvers… The rest here.

In the big world

Important (and not so important) announcements

D’Europe

Zalando will buy About You at 6.50 EUR per share.
Inditex (Zara) announces a good start to the holiday shopping season, despite nine-month sales slightly below expectations.
British American Tobacco sees improved revenue growth in the second half.
TUI AG strongly increases its profits and remains on the growth path.
Authorities raided Adidas headquarters in Germany as part of a years-long tax investigation.
BMW has confirmed that its supervisory board will propose former CFO Nicolas Peter as its new chairman, succeeding Norbert Reithofer.
Orsted is selling its 50% stake in the Greater Changhua 4 wind farm for $1.64 billion.
The Paris prosecutor’s office on Tuesday requested a maximum fine of EUR 225,000 against the French subsidiary of UBS, judged in particular for moral harassment towards two whistleblowers who had denounced its tax evasion system. 225,000 EUR? UBS must be very, very scared.
Italian tycoon Francesco Caltagirone is ready to increase his stake in asset manager Anima to 9.9%, daily il Corriere della Sera reported on Wednesday.
DKSH signs a partnership with the Chinese Grace Specialty Chemicals.
The main publications of the day : Inditex, British American Tobacco…

From North America

Finally, Joe Biden would block the takeover of United States Steel by Nippon Steel, according to press sources.
General Motors abandons Cruise robotaxi program.
Kroger-Albertsons merger blocked by court.
Walgreens in talks to sell itself to private equity firm Sycamore.
Alphabet is taking advantage of announcements in quantum computing to bounce back. Separately, Google asks the FTC to terminate Microsoft’s cloud deal with OpenAI, according to The Information
Gen Digital, owner of Norton and Avast, will buy fintech MoneyLion for $1 billion.
GE Vernova reveals its medium-term ambitions.
Apple plans to integrate satellite connections into its smartwatch in 2025, according to Bloomberg.
Activist investor Mantle Ridge nominates 4 candidates for Air Products directorships.
S&P Global lowered chipmaker Intel’s credit rating from “BBB+” to “BBB.”
Boeing is resuming production of its 737 Max after deliveries at their lowest point in November.
The CEO of Super Micro Computer says he is confident that the stock will not be delisted.
The main publications of the day : Adobe, Nordson…

From Asia Pacific and beyond