British Sky, Deutsche Bank, KBC, LVMH: European Equity Preview

The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses, and prices are from the previous close.

The Stoxx Europe 600 Index rose 1 percent to 281.11. The Stoxx 50 Index increased 1 percent to 2,647.99. The Euro Stoxx 50 Index, a benchmark for nations using the euro, advanced 1.3 percent to 2,876.99.

Abengoa SA (ABG SM): The Seville-based engineering company’s solar unit closed a $1.45-billion U.S. Department of Energy loan guarantee for its 250-megawatt Solana solar thermal power plant in Arizona. The shares rose 1.2 percent to 18.80 euros.

Allied Irish Banks Plc (ALBK ID): Ireland’s second-largest bank was fined 2 million euros ($2.6 million) for failing to have “adequate internal control mechanisms to prevent and rectify frequent and many instances of overcharging,” the Irish central bank said in an e-mailed statement. The stock rose 2.7 percent to 42.1 euro cents.

Atenor Group SA (ATEB BB): The developer that is building Belgium’s tallest residential skyscraper said Allianz SE bought the South City project’s Broodthaers office in Brussels in a transaction valuing the 17,700 square-meter property at about 70 million euros ($92 million). Atenor had a 40 percent stake in the development. The shares were unchanged at 34 euros.

BAE Systems Plc (BA/ LN): Europe’s biggest defense company was sentenced to pay a 500,000-pound ($775,000) fine after pleading guilty to not keeping proper payment records, ending a six-year bribery investigation. The shares rose 2.3 percent to 335.1 pence.

BIP Investment Partners SA (BIP LX): The investment firm with holdings in RTL Group SA and EVS Broadcast Equipment SA said it will record a gain of 8.45 euros a share after completing the sale of its 49.7 percent stake in SGG SA to Cobepa SA. BIP Investment Partners was unchanged at 55.75 euros.

British Sky Broadcasting Group Plc (BSY LN): News Corp. doubts it will get a fair hearing from the U.K. government over the planned acquisition of British Sky Broadcasting Group Plc after Business Secretary Vince Cable reportedly “declared war” on Chairman Rupert Murdoch. The shares fell 0.7 percent to 728.5 pence.

Cegid Group (CGD FP): The accounting software designer announced the acquisition of Visa Informatique and Axeteam and the renewal of a 200 million-euro syndicated loan facility from eight banks. The shares fell 0.4 percent to 21.90 euros.

Cie. Maritime Belge SA (CMB BB): Chief Executive Officer Marc Saverys bought 135,000 of the Belgian shipping company’s shares for an average of 22.13 euros each, according to a regulatory filing. CMB gained 1.7 percent to 22.64 euros.

Cottin Freres (COTT FP): The Burgundy wine producer said it had agreed to sell a seven-hectare vineyard at Meursault for 12.3 million euros. The shares rose 3.1 percent to 5 euros.

Deutsche Bank AG (DBK GY): Germany’s largest bank agreed to pay $553.6 million to avoid U.S. criminal prosecution and also admitted to criminal wrongdoing in connection with fraudulent tax shelters, Preet Bharara, the U.S. Attorney for the Southern District of New York said in an e-mailed statement. The shares gained 0.5 percent to 39.63 euros.

Inficon Holding AG (IFCN SW): The supplier of portable poison-gas detectors would consider buying small, privately owned companies, Chief Executive Officer Lukas Winkler was cited as saying by Finanz und Wirtschaft. The share dropped 1 percent to 173 Swiss francs.

Ingenico SA (ING FP): The maker of electronic payment terminals said it isn’t currently involved in any talks over its shareholding structure and hasn’t received a binding takeover offer. The shares rose 5.5 percent to 27.49 euros.

Julius Baer Holding AG (BAER VX): The Swiss private bank suspects client data were leaked, Handelszeitung reports. Baer rose 1 percent 43.85 francs.

KBC Groep NV (KBC BB): Viking Global Investors LP increased its short position in Belgium’s biggest bank and insurer by market value to 0.34 percent of outstanding shares on Dec. 20 from 0.31 percent on Dec. 17, according to a regulatory filing. KBC advanced 1.1 percent to 27.07 euros.

LVMH Moet Hennessy Louis Vuitton SA (MC FP): The world’s largest luxury-goods manufacturer raised its stake in Hermes International SCA to more than 20 percent. The shares rose 1.7 percent to 125.45 euros.

Parc Paradisio SA (PARD BB): The owner of the Pairi Daiza botanical and animal park said it bought Traiteur Paulus SA, a Belgian catering firm with annual sales of 7 million euros, for an undisclosed amount. Parc Paradisio climbed 3.9 percent to 25.98 euros.

Pescanova SA (PVA SM): Caixa de Aforros de Galicia, Vigo, Ourense e Pontevedra, the savings bank group created from the merger of Caixa Galicia and Caixanova, trimmed its stake in the fish processor. The group of cajas sold as many as 75,633 Pescanova shares between Dec. 3 and 17, reducing its stake to 29.824 percent from slightly more than 30 percent. The shares advanced 1.2 percent to 25.40 euros.

Pfleiderer AG (PFD4 GY): The German maker of laminate flooring said it has signed a “standstill agreement” with banks valid until March 31, 2011, according to an e-mailed statement. Lenders have agreed not to exercise rights to terminate credit lines within that period, the company said. The stock rose 5.3 percent to 2.56 euros.

Phoenix Solar AG (PS4 GY): The German solar project developer said it has started building a solar power plant on a 5.9-megawatt solar carport in northern Italy for Solarwatt AG. The shares rose 2.8 percent to 22.22 euros.

Sanofi-Aventis SA (SAN FP): Genzyme Corp. reiterated its rejection of the French pharmaceutical company’s $69-per-share takeover offer. The shares rose 0.7 percent to 49.22 euros.

Solaria Energia y Medio Ambiente SA (SLR SM): The Spanish solar-cell manufacturer may move as Spain is about to unveil a new decree for photovoltaic energy involving “retroactive” and damaging’’ measures for the industry just four weeks after publishing one, the solar industry association ASIF said. The shares added 1.4 percent to 1.43 euros.

To contact the reporter on this story: Nikolaj Gammeltoft in New York at ngammeltoft@bloomberg.net;

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

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