Air France, Assystem, Gecina, LVMH, VDI: French Equity Preview

The following is a list of companies whose stocks may have unusual changes in Paris. Symbols are in parentheses after company names and prices are from the last close.

France’s CAC 40 Index (CAC) fell 0.4 percent to 3,961.34 in Paris. The broader SBF 120 Index declined 0.4 percent to 2,988.97 points.

Air France-KLM (AF) Group: Europe’s largest airline plans to split its order for about 100 planes between Airbus SAS and Boeing Co., Chief Executive Officer Pierre-Henri Gourgeon told a hearing at the French national assembly. In June, several French lawmakers signed a petition putting pressure on the airline to choose Airbus aircraft over those from Boeing. The shares declined 1.1 percent to 10.80 euros.

Alcatel-Lucent SA (ALU FP): Private-equity firm Permira is bidding $1.3 billion for the telecommunications equipment maker’s enterprise telecommunications unit, Reuters reported, citing people familiar with the situation. Alcatel is still in contact with other potential buyers including Siemens Enterprise Networks, part-owned by Siemens AG, Reuters said. The shares rose 1.4 percent to 4.12 euros.

Assystem (ASY) : The research and development services provider said it sold 92 million euros in 2017 convertible bonds. The shares fell 0.9 percent to 17.69 euros.

Fonciere Massena (SOCM) SA: The real-estate company said it has completed the purchase of an office building in Brussels for 7 million euros. The shares dropped 0.8 percent to 11.40 euros.

Gecina SA (GFC) : The real-estate investment company said it rented 41,000 square meters of logistics space near Lille. The shares rose 0.3 percent to 98.39 euros.

LVMH Moet Hennessy Louis Vuitton SA (MC) : The world’s largest luxury-goods maker said it won a $1.45 million award in a Canadian counterfeiting case. The shares fell 0.2 percent to 126.80 euros.

VDI Group (ALVDI) : The safety products mail-order company reported 26.8 million euros in billings for the first half, up from 25.7 million euros a year earlier. The shares added 3.9 percent to 2.91 euros.

To contact the reporters on this story: Heather Smith in Paris at hsmith26@bloomberg.net; Phil Serafino in Paris at pserafino@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net.

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