Radiocor News

Europe shares end mostly lower amid PMI data, geopolitical developments -2-

(Il Sole 24 Ore Radiocor) - Milano, 23 gen - In European stock market dealings, shares of the German construction equipment manufacturer Wacker Neuson lost 21.77% at 18.58 euros in Frankfurt after the company said that discussions with Doosan Bobcat regarding the South Korean firm's potential acquisition of a majority stake and a public takeover offer for Wacker Neuson would not continue.

Also in Frankfurt, Adidas shares slumped 5.71% to 143.75 euro, after analysts at RBC downgraded the sportswear giant.

Ericsson surged in Stockholm, jumping 10.52% to 94.80 Swedish crowns after reporting 2025 results that beat market expectations.

In Milan, Eni gained1.98% to 16.79 euros, benefiting from the rebound in crude prices following renewed threats from US.

president Donald Trump against Iran.

(RADIOCOR) 23-01-26 18:31:04 (0641) 5 NNNN

 


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