It just doesn't exist Sanremo. Among the titles highlighted today is Believe (suspended). A consortium of investors led by the Swedish private equity EQT has presented a 1,52 billion euro purchase offer on the French company active in digital music. On the table 15 euros per share, equal to a premium of 21% compared to the closing of the stock on Friday in Paris. acquired in 2015, it allows artists to distribute their music independently. This is also how the Bull's run manifests itself in this early spring of the price lists.
Latest stock market news: positive session in Europe
The main European stock exchanges have in fact opened the first session of the week rising on the eve of the publication of the data onUS inflation (tomorrow) which could provide indications on the Fed's next moves. The Dax of Frankfurt earns 0,3%, the Cac40 of Paris 0,3% and the Ibex35 of Madrid 0,4%. The Ftse100 flat London.
Milano it extends +0,60% around 31.500 points, to the highest level in 15 years. The index Eurostoxx of the fifty blue chips in the euro zone, fresh from three consecutive positive weeks, reaches the highest level since 2001. Pharma also reaches a new high Novo Nordisk +0,3%, leader in anti-obesity discoveries which plans to invest up to 7 billion dollars a year by 2030. This was reported by Financial Times.
Wall Street futures
The futures of US stock markets are down slightly. The S&P500 index closed up 0,6% at 5.026 points, the ninth record at the beginning of the year and the first time above the psychological threshold of five thousand points. Nasdaq +0,1,3%: an increase of 0,4% is enough for the historic high.
Il Superbowl it ended with Kansas City's overtime win. The bond market was little moved. Treasury Notes ten-year 4,15%. This week the focus will remain on US inflation. The implied odds of a rate cut in March remain lower than they were a few weeks ago.
The other markets
Il Waist treats at 2,35%. BTP at 3,91%, – 5 basis points.
Brent oil and Wti -0,7%: Bloomberg reports that two US oil companies, Endeavor Energy and Diamondback Energy, are in the final stages of merger negotiations. If given the green light, a company with a capitalization of around fifty billion dollars should be created. Returning from a trip to Lebanon, Iranian Foreign Minister Hossein Amirabdollahian said that a diplomatic solution is approaching in Gaza.
Il EU Natural Gas (Amsterdam) drops by -3% to around 26 euros/mwh, the lowest price since November 2021. From the beginning of 2024 - around 20%.
Gold at $2.023 an ounce.
Bitcoin at 48.150 dollars, seventh consecutive session of rise, prices are at the highest levels of the last month.
Euro dollar and 1,079.
Saras collapses in Milan while Tod's goes into orbit
Opposite fate for the two operations announced in the morning. Shoulder bag Saras -6% to 1,68 euros. The Moratti family has reached an agreement to sell to raw materials trader Vitol a controlling stake in Saras at a price of 1,75 euros per share, assigning a value of 1,7 billion to the group that owns the Sarroch refinery, in Sardinia. Vitol will launch a takeover bid on the group with the aim of delisting it.
Tod’s +17%. The Della Valle family announced a new one over the weekend attempt to delist Tod's, this time with the help of L Catterton. The private equity fund will launch a takeover bid for 36% of the group founded by Diego Della Valle at 43 euros per share, offering a premium of 17,6% on Friday's closing price.
In the rest of the list it shines Saipem +4,5%. The banks are positive: Bpm bank (+ 0,35%), B for Bank (+ 0,5%), Monte dei Paschi (+0,5%), Pop. Sondrio (+1,29%). The messenger yesterday he wrote that Bper and Unipol have an expansion plan not only in Popolare di Sondrio, but also in Monte dei Paschi.
Other featured titles:
- Terna (+1,48%) is studying an offer for energy assets worth 1,5 billion euros, mostly controlled by Enel and Acea, Bloomberg wrote on Friday evening.
- Salvatore Ferragamo +4,97%. The announcement of Tod's change of ownership could bring interest back to other Italian luxury companies.
- Ivy (+1%): net electricity customers will increase by 1,3 million following the positive result recorded by the utility in the auction for the end of the protected market. The president of Hera said this to Corriere, adding that the company will also offer these new users the supply of gas and services for the energy transition. Hera will invest 2 billion euros in networks in its industrial plan to 2027.
