European Movers: easyJet (EZJ LN) +10.1%, Exail Technologies (EXA FP) +3.3%, ITV (ITV LN) +1.9%, Porsche (P911 GY) +0.9%, Next (NXT LN) +0.3%, Continental (CON GY) -3.0%

easyJet (EZJ LN) +10.1%: Reaches principle agreement on GBP 5.5bn (GBP 6.90/shr) takeover by Castlelake (c. 6% high vs prev. GBP 6.50/shr) Thales (HO FP) to buy Exail Technologies (EXA FP) +3.3% for EUR 134/shr ITV (ITV LN) +1.9%: To sell Media & Entertainment unit to Sky, for up to GBP 1.6bln. Porsche (P911 GY) +0.9%: Mulling a cut of more than 4k jobs Next (NXT LN) +0.3%: Mulls takeover of Harvey Nichols Continental (CON GY) -3.0%: downgraded to Hold from Buy at Kepler Cheuvreux