Market Updates
Europe Movers: Adevinta, AstraZeneca, Mothercare, Sanofi, Tele2, Telenor
Inga Muller
22 Sep, 2023
Frankfurt
Mothercare Plc declined 3.5% to 4.01 pence after the children's apparel retailer said the company is nearing the completion of refinancing.
AstraZeneca Plc increased 2.2% to 11,136.04 pence after the company said it found "statistically significant and clinically meaningful" results in a phase III trial for a common type of breast cancer.
Sanofi SA decreased 0.2% to €102.26 after the company said recent developments in the currency markets will negatively impact its third quarter sales between 7.5% and 8.5% and earnings per share between 8.5% and 9.5%.
Tele2 AB Class B increased 0.5% to skr 86.60 and Telenor ASA advanced 0.9% to €10.87 after the two companies joint venture N4M acquired operating license in Sweden for 900, 2100 and 2600 MHz through an auction for skr 1.475 billon.
Adevinta ASA jumped 22.1% to €9.13 after the Norwegian marketplace operator confirmed that it has received a takeover offer from a consortium led by Permira and Blackstone.
Annual Returns
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Earnings
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