Heineken, ProLogis European, Unilever: 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.
The AEX-Index (AEX) in Amsterdam gained 1.2 percent to 359.12. Belgium’s Bel20 Index rose 0.3 percent to 2,702.27. Luxembourg’s LuxX Index added 1.4 percent to 1,436.73.
Heineken NV (HEIA) : The world’s third-largest brewer by volume is considering making an offer for Brazil’s Primo Schincariol Industria de Cervejas e Refrigerantes SA, according to two people familiar with the matter. Heineken rose 0.8 percent to 41.225 euros.
ProLogis European Properties (PEPR) : ProLogis increased its offer price for Europe’s biggest warehouse operator to 6.20 euros a unit from 6.10 euros and agreed to buy the stakes held by APG Algemene Pensioen Groep NV and an affiliate of the Government of Singapore Investment Corp. ProLogis European dropped 0.2 percent to 6.128 euros.
Unilever NV (UNA) : The world’s second-biggest consumer goods company won U.S. approval for its $3.7 billion acquisition of Alberto-Culver Co. on the conditions it sells the Alberto VO5 brand in the U.S. and divests its Rave brand. Unilever rose 2.2 percent to 22.68 euros.
4Energy Invest SA (ENIN) : The Belgian operator of two combined heat-and-power plants said first-quarter earnings before interest, tax, depreciation, amortization and special items more than doubled to 803,000 euros ($1.15 million). 4Energy Invest dropped 0.4 percent to 2.64 euros.
Brederode SA (BREB) : The investment company whose main holdings include stakes in private-equity funds, oil companies and Sofina SA said in an interim statement dated May 6 net asset value was little changed from 29.63 euros a share on Dec. 31. Brederode slipped 0.1 percent to 19.80 euros.
Solvay SA (SOLB) : The world’s largest soda-ash maker may report first-quarter earnings before interest, tax and one-time items of 157 million euros, according to the average of six analyst estimates compiled by Bloomberg. The company publishes earnings after the close of trading. Solvay advanced 0.5 percent to 98.83 euros.