EADS, EDF, Edison, Renault, Repsol: European Equity Preview

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

The Stoxx Europe 600 Index fell 1.2 percent to 226.18. The Stoxx 50 Index sank 0.9 percent to 2,159.70. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, lost 1.5 percent to 2,179.66.

Ackermans & van Haaren NV (ACKB) : The Belgian investment company with holdings in dredging, financial services and private equity said Delen Investments CVA completed the purchase of a 73.5 percent stake in London-based wealth manager JM Finn & Co. Ltd. The shares fell 2.8 percent to 53.06 euros.

Bankia SA (BKIA SM): The Spanish lender created through a merger of seven savings banks said it will join the IBEX 35 index today. The shares fell 2.3 percent to 3.66 euros.

BP Plc (BP/) : The London-based company’s $7.1 billion deal to sell Argentine crude producer Pan American Energy LLC is at risk of collapse, jeopardizing China’s biggest energy acquisition this year, according to a person with knowledge of the matter. The stock declined 0.8 percent to 388.50 pence.

European Aeronautic, Defence & Space Co. NV (EAD FP): Airlines operating the Airbus owner’s A380 superjumbo may be required to modify equipment that connects the plane’s engines to its wings to reduce the risk of fire, safety regulators said. The shares fell 1.8 percent to 21.21 euros.

Electricite de France SA (EDF FP): Italian shareholders of Edison SpA (EDN) are ready to cede control to France’s largest utility in exchange for an option to sell their stake and the breakup of unit Edipower, according to two people familiar with the situation. The shares fell 1.5 percent to 21.81 euros.

Omega Pharma (OME) NV: Belgium’s biggest supplier of pharmacy products said it spent 26.9 million euros ($36 million) buying back an additional 779,106 of its own shares in on- and off-market transactions from Sept. 22 through Sept. 30. The shares dropped 0.4 percent to 34.50 euros.

Renault SA (RNO) : The French car manufacturer won a contract to supply the French state and state-owned postal service with more than 15,000 electric cars, Le Figaro said, without saying how it got the information. The shares fell 3.6 percent to 25.07 euros.

Repsol YPF SA (REP) : Repsol’s “Spanishness” is assured and a government priority as the oil company is “strategic,” Spanish Industry Minister Miguel Sebastian said. The shares rose 0.3 percent to 19.98 euros.

Swedish Automobile NV (SWAN NA): The Dutch owner of Saab Automobile said it’s discussing lowering the price at which Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. plan to buy shares of the company. The shares slid 4.6 percent to 1.04 euros.

WM Morrison Supermarkets Plc (MRW) : The smallest of the four main U.K. supermarket chains may buy Garden Centre Group, the Mail on Sunday reported, without saying where it got the information. The stock gained 1 percent to 290.5 pence.

To contact the reporter on this story: Kaitlyn Kiernan in New York at kkiernan2@bloomberg.net

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

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