EUROPEAN OPEN: BAYN GY Roundup settlement challenge dismissed; EL FP launches buyback for up to 5mln shares; BGN IM willing to consider BMPS IM offer; UK to drop 3% defence spending target
• European equities opened higher amid a series of corporate updates, including EL FP launching a share buyback for up to 5 million shares and BGN IM considering an offer from BMPS IM. • Major credit agencies are reviewing the ratings of several nations, including France (Fitch), Portugal (S&P), Switzerland (Moody’s), and the Netherlands (Morningstar DBRS). • The UK government has decided to drop its 3% defense spending target, while various commodity futures for gold, silver, copper, and Brent oil expire today.
newsquawk.com













