* AIRBUS AIR.PA is close to winning an order from Delta Air Lines DAL.N for dozens of wide-body aircraft, sources told Reuters.
* SODEXO EXHO.PA announced on Monday the appointment of Sébastien de Tramasure as group financial director, replacing Marc Rolland.
* IPSOS ISOS.PA announced on Monday the acquisition of I&O Research, the largest public sector research company in the Netherlands.
* ARCELORMITTAL MT.LU on Monday rejected a plan by the Italian government to take a majority stake in Acciaierie d’Italia, one of the largest steel factories in Europe, according to a press release from the firm. ArcelorMittal owns 62% of ADI, and state holding agency Invitalia owns the remaining 38%.
* TRIGANO TRIA.PA reported a 19.1% increase in its turnover in the 1st quarter to 931.6 million euros, adding that its order book remains high and saturates its production capacities for the 2023/24 season.
* SOLVAY SOLB.BR – Berenberg lowers its recommendation from “buy” to “hold”.
* NEXANS NEXS.PA – Berenberg begins monitoring the stock with a “buy” recommendation.
* BARCLAYS BARC.L is in the process of cutting 5,000 jobs in order to reduce costs and improve profitability, Sky News reported on Monday.
* GSK GSK.L announced on Tuesday that it would acquire biopharmaceutical company Aiolos Bio for an initial payment of $1 billion and successive payments that could total up to $400 million.
* BAYER BAYGn.DE will continue its expansion in the United States, and its experimental anticoagulant asundexian could still be a success if a second clinical trial proves positive, the drugmaker’s pharmaceutical chief, Stefan Oelrich, told Reuters on Monday.
* NOVARTIS NOVN.S is close to completing the acquisition of Cytokinetics CYTK.O and the deal could be finalized as early as this week, the Wall Street Journal reported Monday.
* BRUNELLO CUCINELLI BCU.MI – Sales of the Italian luxury group increased by 23.9% in 2023 at current exchange rates, slightly higher than its latest forecasts and market expectations.
(Written by Corentin Chappron, edited by Zhifan Liu)