4:00 PM Frankfurt adidas received 1.7 billion buying offer for Reebok. Ferrovial offers to buy Transfield for about 680 million. Nutreco surged on acquisition offer from SHV for 2.7 billion. SAP profit surged 16% to 881 million. Spirit Pub is in talks with Greene King for £723.3 million.
In London trading, FTSE 100 index slipped 0.8% or 48.77 to 6,261.52 and in Frankfurt the DAX index declined 1.7% or 146.26 to 8,704.01.
In Paris, CAC 40 index dropped 1.3% or 53.94 to 3,979.24.
climbed 4.3% to 56.97 after the Germany-based sports footwear, apparel and accessories maker received offer to acquire its subsidiary Reebok International Ltd from a group of investor including Jynwel Capital, Abu Dhabi for about 1.7 billion or $2.2 billion.
fell 0.7% to 15.12 after the Spain-based transportation infrastructure developer clarified that the total price of the indicative, non-binding offer for acquisition of Australianbased Transfield Services Ltd for $1.95 per share or 680 million or $876 million in cash.
Nutreco Holding N.V
surged 39.2% to 39.26 after the Netherlands-based nutrition and fish feed company agreed on acquisition offer of SHV Holdings N.V for 2.7 billion or $3.4 billion. The offer represents 42% premium over Nutrecos closing stock price on October 17.
The transaction is expected to close in fourth-quarter of this year.
declined 4.6% to 51.50 after the Germany-based enterprise applications provider said total revenue in the third-quarter ending in September climbed 5% to 4.25 billion from 4.05 billion a year ago period.
Profit in the quarter surged 16% from a year ago to 881 million compared to 762 million and earnings per share jumped to 0.74 from 0.64.
Spirit Pub Co Plc
climbed 6.6% to 97 pence after the U.K.-based pubs operator is in talks with its rival Greene King Plc after revised offer of 109.5 pence-per-share, valuing Spirit at £723.3 million or $1.16 billion, 20% premium to the closing price of on Friday.