June 4, 2018 / 4:44 AM / 2 months ago

French and Benelux stocks-Factors to watch on June 4

June 4 (Reuters) - Below are company-related news and stories from French and Benelux media which could have an impact on the region’s markets or individual stocks.

French CAC futures were up 0.3 percent by 0602 GMT.

ACCORHOTELS:

AccorHotels said on Sunday it was looking again at possibly buying a stake in Air France KLM, in which the French government has a 14.3 percent holding.

AIRBUS:

The head of airplane sales at Airbus dismissed concerns about a sharp drop in orders for the A330neo jet and predicted European wide-body demand would start to recover this year as rival Boeing extended a series of wins in the lucrative segment.

DELACHAUX:

Priced IPO between 18.50-22.50 euros per share.

DRINKS INDUSTRY/COGNAC: Some 3.500 hectares of vineyards in Cognac were almost completely destroyed by hail last Saturday, said the prefecture of New Aquitaine on Friday after a meeting in closed session between professionals and state services.

SOCGEN:

Italy’s biggest bank, UniCredit SpA is exploring a merger with France’s Societe Generale SA in a move that would see the European banks leading the way for banking mergers on the continent, the FT said on Sunday.

On Sunday, SocGen denied “any board discussion regarding a potential merger with UniCredit”, according to an emailed statement to Reuters.

UCB:

UCB said on Friday it had received CHMP positive opinion for adjunctive use of Briviact.

VALEO: The company said on Friday that it was planning to recruit about 1,300 people this year in France to strengthen its industrial base.

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