Additional European Equity News - 28th August 2026

Bayer (BAYN GY) - Co. submits a marketing authorisation application in Japan to expand the use of finerenone in CKD. The submission is supported by positive Phase III FIND-CKD results in adults with non-diabetic CKD. (Bayer) Casino (CO FP) - French court declares the TLB lenders' claims over safeguard-plan classes as inadmissable and dismissed all claims. (Casino) EssilorLuxottica (EL FP) - Co. announces the launch of its share buyback programme, purchasing up to 5mln shares. (Globe Newswire) Pennon (PNN LN), Severn Trent (SVT LN) - UK officials are reportedly considering a multi-stakeholder model, paving a way for private investors to play a long-term role in water companies, Politico reports. (Politico) European Telecoms downgraded to Neutral from Overweight at Morgan Stanley. European Consumer Discretionary downgraded to Neutral from Overweight at Morgan Stanley. European Utilites downgraded to Neutral from Overweight at Morgan Stanley. European Aerospace upgraded to Overweight from Neutral at Morgan Stanley. European Chemicals upgraded to Equal Weight from Underweight at Morgan Stanley. European Discretionary Retail upgraded to Equal Weight from Underweight at Morgan Stanley.