Areva, Eramet, Carrefour, Deutsche Telekom, RWE: 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 less than 0.1 percent to 241.91. The Stoxx 50 Index increased 0.1 percent to 2,344.30. The Euro Stoxx 50 Index (SX5E), a benchmark measure for nations using the euro, was little changed at 2,290.31.

Areva SA (AREVA FP): The world’s biggest supplier of nuclear fuel and services is in exclusive talks to sell its stake in mining company Eramet SA (ERA) to Fonds Strategique d’Investissement, France’s sovereign investment fund. Areva rose 1 percent to 94.95 euros. Areva gained 2.1 percent to 18.95 euros. Eramet rose 1 percent to 94.95 euros.

Carrefour SA (CA) : Europe’s largest retailer sold 97 supermarket sites in France for 365 million ($477 million) euros to La Francaise AM’s investment vehicles. Carrefour gained 0.2 percent to 17.09 euros.

Deutsche Telekom AG (DTE GY): The telecommunications company may bid for rights to broadcast German Bundesliga soccer via satellite, Financial Times Deutschland reported, citing Niek Jan van Damme, the head of the company’s German business. Deutsche Telekom retreated 0.2 percent to 8.81 euros.

RWE AG (RWE GY): Germany’s second-largest utility sold a 20-megawatt wind power project to Renerco Renewable Energy Concepts AG (8RN) (8RN GR) as part of a deal enabling Renerco to buy as many as 10 RWE wind farms in England, Scotland and Wales. RWE lost 0.3 percent to 27.52 euros. Renerco retreated 0.6 percent to 2.49 euros.

To contact the reporter on this story: Ksenia Galouchko in New York at kgalouchko1@bloomberg.net

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

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