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Pirelli&C

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Prysmian boosts N.America exposure with $4.2 bln Encore Wire deal

UPDATE 3-Prysmian boosts N.America exposure with $4.2 bln Encore Wire deal Prysmian to pay $290/shr in cash for each Encore share Sees run-rate annual synergies on EBITDA of 140 mln euros Deal approved by both boards Transaction expected to be finalised in H2 Adds detail, context after analyst call April 15 (Reuters) - Italy's Prysmian PRY.MI announced a deal to buy U.S.
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Italy - Factors to watch on April 15

Italy - Factors to watch on April 15 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Leaders of the G7 nations condemned Iran's attack on Israel and said on Sunday they would work to try to prevent an "uncontrollable regional escalation" in the Middle East.
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Jefferies says Pirelli best exposed to EV transition, raises to 'buy'

BUZZ-Jefferies says Pirelli best exposed to EV transition, raises to 'buy' ** Pirelli PIRC.MI is Jefferies' pick among European tiremakers, as it raises the stock to "buy" from "hold" on operations in profitable niches and highest exposure to EV transition ** The broker says the shift to large rim sizes and technology enabled tires, supported by th
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Azelis, Drax Group, Rentokil Initial

EUROPE RESEARCH ROUNDUP-Azelis, Drax Group, Rentokil Initial April 8 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Azelis, Drax Group and Rentokil Initial on Monday. HIGHLIGHTS * Azelis AZE.BR : JP Morgan raises target price to EUR 27 from EUR 25.5 * Drax Group Plc DRX.L : HSBC raises target price to 500p from 470p * Rentokil Initial RTO.L : HSBC cuts target price to 480p from 495p * Volvo AB VOLVb.ST : Jefferies raises to buy fr
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Italy - Factors to watch on April 8

Italy - Factors to watch on April 8 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY The European Commission is likely to stick to its current forecast of a 0.7% growth for the Italian economy in 2024 when it publishes a new set of economic projections in June, EU Commissioner for Economy Pao
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