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- Vesti sa tržišta
- European stock markets mid session: stocks climbed caused by mergers and acquisitions plans of some companies in the pharma sector
European stock markets mid session: stocks climbed caused by mergers and acquisitions plans of some companies in the pharma sector
European stocks
climbed caused by mergers and acquisitions plans of some companies in the
pharma sector. Pfizer has renewed its offer for AstraZeneca. A worth of the
deal could be more than $100 billion.
Investors
still monitor tensions between Russia and Ukraine. New sanctions on Russia are
expected.
AstraZeneca
shares were up 15% because of the renewed offer of Pfizer.
Bayer AG
shares jumped 4.6% caused by the better-than-expected first quarter earnings.
Siemens AG shares
declined 2.2% after announcing the plan to buy Alstom. The Siemens’ plan is an
asset swap. Siemens wants to acquire Alstom’s power and grid business in
exchange for its transport assets and some cash. Alstom shares are suspended
until Wednesday.
Current
figures:
Name Price Change Change %
FTSE
100 6,703.51 +17.82 +0.27%
DAX 9,474.39 +72.84 +0.74%
CAC 40 4,462.75 +19.12 +0.43%
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