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 in Amsterdam advanced 1.3 percent to 339.65. Belgium’s Bel20 Index rose 1 percent to 2,572.58. Luxembourg’s LuxX Index gained 0.7 percent to 1,406.91.
Royal Ahold NV (AH NA): The Dutch owner of Stop & Shop supermarkets in the U.S. named James McCann as its chief commercial and development officer starting Sept. 1. McCann left Carrefour in May after little more than a year in charge of the French retailer’s domestic unit. Ahold shares climbed 0.4 percent to 9.27 euros.
Alfacam Group NV (ALFA BB): The owner of Europe’s largest fleet of high-definition broadcast trucks said its second-quarter performance won’t make up for a “weak” first quarter and forecast a “substantially better” second half. Alfacam also named Sven Marinus as its chief operating officer. The shares last traded for 4.68 euros on June 29.
Belgacom SA (BELG BB): The biggest telephone company in Belgium said it sold the Spanish subsidiary of its Telindus Group NV unit to funds advised and managed by Corpfin Capital. Terms of the transaction weren’t disclosed. Belgacom increased 1 percent to 24.60 euros.
RHJ International SA (RHJI BB): The owner of U.K. wealth manager Kleinwort Benson completed the sale of its 77.9 percent holding in Niles Co., a maker of switches and other electronic components for carmakers including Nissan Motor Co., to Valeo SA (FR FP) for 15.4 billion yen ($190 million) in cash. RHJ was unchanged at 4.97 euros.
Solvay SA (SOLB BB): The world’s largest soda-ash maker said it notified the European Commission of its planned purchase of Rhodia SA (RHA FP) in order to get antitrust approval for the transaction. Solvay retreated 0.1 percent to 106.55 euros.