Aug. 29 (Bloomberg) -- The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index fell 0.7 percent to 225.52. The Stoxx 50 Index dropped 0.9 percent to 2,140.91. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, declined 1.2 percent to 2,190.44.
Air Berlin Plc (AB1 GY) Germany’s second-largest airline and Deutsche Lufthansa AG’s Austrian Airlines AG are both considering Ralf Teckentrup as a manager, Der Standard reported on its website. Air Berlin’s shares closed up 3.6 percent at 2.64 euros. Deutsche Lufthansa shares climbed 0.2 percent to 10.73 euros.
Almirall SA (ALM SM): The Spanish pharmaceutical company’s biggest shareholders Antonio Gallardo and Jorge Gallardo, as well as Daniel Bravo, intend to buy as much as 1.5 percent of the shares during the six months starting Aug. 29, according to a regulatory filing. The shares fell 2.5 percent to 5.44 euros.
Banco Popolare SC (BP IM): Italy’s fifth-biggest bank approved a plan to merge some units into the holding company as part of measures to increase efficiency and reduce costs. The shares fell 2.9 percent to 1.12 euros.
Conergy AG (CGYK GY): The German solar energy group will cut jobs in Frankfurt and Hamburg as it restructures production in response to competition from Chinese companies, Handelsblatt reported, citing unidentified people at the company. The shares closed higher 0.8 percent to 0.54 euros.
D’Ieteren SA (DIE BB): Belgium’s biggest car dealer is considering “one or two” new lines of business now that it sold rental company Avis Europe, managing director Jean-Pierre Bizet said. The shares fell 4.3 percent to 35.09 euros.
EDP-Energias de Portugal SA (EDP PL): Morgan Stanley is advising on the sale of Portugal’s 1.65 billion-euro ($2.4 billion) stake in utility EDP-Energias de Portugal, two people with knowledge of the matter said.
Separately, Centrais Eletricas Brasileiras SA plans to bid for a 25 percent stake in EDP, Agencia Estado reported, citing Brazilian Energy Minister Edison Lobao. EDP stock declined 0.6 percent to 2.15 euros.
Repsol YPF SA (REP SM): Argentine workers began a strike at oilfields operated by the unit of Spain’s largest oil company and took over a storage plant, La Nacion reported, citing a union official. Repsol stock fell 0.8 percent to 18.22 euros.
Solaria Energia y Medio Ambiente SA (SLR SM): The Spanish solar power producer said in a filing it obtained certification from Italian authorities that will allow it to earn 10 percent more in subsidies for its solar power plants in the country. The stock retreated 1.6 percent to 1.56 euros.
Volkswagen AG (VOW3 GY): Europe’s largest carmaker said it opened its first reprocessing plant in Dalian, China, which will be able to reprocess 15,000 engines annually. The shares closed up 1.3 percent at 109.15 euros.
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