Aedifica, Deceuninck, Royal Dutch Shell: Benelux Equity Preview
The following companies may have unusual price changes in Benelux markets. Stock symbols are in parentheses and prices are from the previous close.
Royal Dutch Shell Plc (RDSA) : Europe’s largest oil company agreed to acquire a stake in Chevron Corp.’s proposed A$20 billion ($21 billion) Wheatstone natural gas project in Western Australia. Shell will gain 6.4 percent of the liquefied natural gas plants and 8 percent of the fields off northwest Australia that will supply the Wheatstone development, Chevron said. Shell climbed 1 percent to 26.06 euros.
Aedifica SA (AED BB): The Brussels-based residential real- estate investment fund said it completed the development of a rest home in the Belgian city of Hasselt at a cost of 11 million euros ($15.9 million) and reiterated its original forecast for an initial rental yield of 6.3 percent on the project. Aedifica (AED) fell less than 0.1 percent to 41.15 euros.
Deceuninck NV (DECB) : The plastic window-frame maker’s vice chairman, Arnold Deceuninck, sold 70,500 shares for an average 2.17 euros apiece in trades on Euronext Brussels in a three-day period that started on April 4, according to statements of insider transactions published on the Belgian market regulator’s website. Deceuninck advanced 1 percent to 2.08 euros.
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