ABB, Barclays Plc, Codere, Roche, Spyker, Synthes: European Equity Preview

The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index rose 0.3 percent to 277.78. The Stoxx 50 Index gained 0.3 percent to 2,610.90. The Euro Stoxx 50 Index, a benchmark for nations using the euro, climbed 0.1 percent to 2,919.05.

3i Group Plc (III) : The U.K. private equity investor plans to sell Shearings Group, a U.K. company that operates coaches and resort hotels, in an auction for about 40 million pounds ($65 million), the Sunday Telegraph reported, without saying where it got the information. PriceWaterhouseCoopers LLP will conduct the sale, the newspaper said. The stock advanced 1.5 percent to 268 pence.

ABB Ltd. (ABBN) : The world’s biggest power-grid supplier and five other companies may bid to develop a power plant in western Iraq, Deputy Electricity Minister Salam Qazaz said. The shares rose 1.1 percent to 21.78 Swiss francs.

AS Roma SpA (ASR) : A group of U.S. investors agreed to buy a controlling stake in the three-time Italian soccer champion and will make a mandatory buyout offer for the rest of the club. The stock rose 0.5 percent to 1.166 euros.

Banca Popolare di Milano Scarl (PMI) : Italy’s oldest cooperative bank may sell shares to raise between 600 million euros ($866 million) and 800 million euros after the Bank of Italy asked the lender to boost capital, Il Sole 24 Ore said. The stock fell 2.4 percent, to 2.648 euros.

Barclays Plc (BARC) : A group of Barclays Plc investors, which together hold more than 10 percent of its equity, have told the board they would prefer the British bank to be domiciled outside of the U.K., the Sunday Telegraph reported.

Separately, the Financial Times reported that Barclays Plc will name Naguib Kheraj as vice chairman next week, four years after the executive left the bank. The stock fell 0.1 percent to 301.65 pence.

Codere SA (CDR) : The Spanish casino operator with businesses in Spain and Latin America is studying plans to list shares of the company in Brazil, Mexico or the U.S., Expansion said, citing Chief Executive Officer Jose Antonio Martinez Sampedro. Codere fell 10 cents, or 0.9 percent, to 11 euros.

Deutsche Telekom AG (DTE) : The telecommunications company and France Telecom SA are preparing an agreement that may lead to joint purchasing of telecommunications equipment at lower costs, according to a person familiar with the plan. Shares gained 1.6 percent to 11.26 euros.

ProLogis European Properties (PEPR NA): Goodman Group is expected to sweeten its takeover bid for the Dutch warehouse fund, the Australian Financial Review said, citing unidentified people. Goodman and APG Groep NV will raise their indicative offer to 6.20 euros a share from 6 euros, the newspaper said. ProLogis European Properties (PEPR) added 0.2 percent to 6.22 euros.

Roche Holding AG (ROG) : The Swiss pharmaceutical company won U.S. approval to expand use of the arthritis drug Actemra as the first treatment for a rare form of the disease in children. The shares rose 0.5 percent to 133.5 Swiss francs.

Sonae (SON) SGPS SA: The Portuguese retailer said it signed a partnership agreement with Condis of Angola to develop a retail business in the African country. Sonae shares added 0.4 percent to 82.5 cents.

Spyker Cars NV (SPYKR) : The Dutch sports car maker’s Saab Automobile unit was thrown a lifeline after the Swedish government approved with conditions a finance plan for the automaker freeing up collateral used by Saab to back a loan from the European Investment Bank. Spyker fell 1.8 percent to 3.93 euros.

Synthes Inc. (SYST) : Johnson & Johnson may buy Synthes, the biggest maker of devices to treat bone fractures and trauma, as it seeks to boost flagging sales at its orthopaedic division, according to a person briefed on the discussions. The shares surged 6.2 percent to 138.70 francs.

Telecom Italia SpA (TIT) : Italy’s biggest phone company said it will increase its fixed-line monthly fee by 2.6 percent to 16.5 euros from July 1. The phone company will also apply new rates, removing peak and off-peak tariffs, for local and long- distance calls, charging 0.7 cent and 5 cents a minute, respectively. The shares increased 0.6 percent to 1.075 euros.

Telegraaf Media Groep NV (TELEG) : Finland’s Sanoma Oyj (SAA1V) (SAA1V FH) submitted the highest bid for ProSiebenSat.1 Media AG (PSM)’s television stations in the Netherlands, De Standaard said. Telegraaf, which has said it’s interested in ProSiebenSat.1’s Dutch assets and owns 12 percent of the parent company, dropped 1.5 percent to 14.60 euros.

To contact the reporter on this story: Stephen Kleege in New York at skleege@bloomberg.net

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

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