Europe shares end mixed; traders digest French election -2-
(Il Sole 24 Ore Radiocor) - London, 08 Jul - In the region's stock market dealings, shares in German food delivery group Delivery Hero slumped 7.19% at 19.50 euros after the company said at the weekend that it may face a European Union fine of over 400 million euros for alleged anti-competitive agreement to share national markets, exchanges of commercially sensitive information and no-poach agreements.
Delivery Hero said that as a result of the possible fine, it decided to significantly increase a corresponding provision already built in the amount of 186 million euros following unannounced inspections carried out by the European Commission in July 2022 and November 2023.
Danish brewer Carlsberg rallied 3.34% at 865.40 Danish crowns after it said it had reached an agreement to buy UK soft drink maker Britvic for 3.3 billion pounds and an implied enterprise value of 4.1 billion pounds.
Britvic soared 4.46% at 1,264.00 pence in London.
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(RADIOCOR) 08-07-24 18:49:19 (0567) 5 NNNN