French and Benelux stocks-Factors to watch on Jan 21

Mon Jan 21, 2013 2:07am EST

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.

CAC-40 February futures up 0.27 percent at 0706 GMT

BNP

The French bank said in a statement it has agreed to spin off a fund that invests in clean energy projects, which will now be rebranded Glennmont Partners. The fund will continue to invest the 437 million euros raised in 2010.

POSTNL

A French activist investment fund, Lutetia Capital, has asked the Dutch mail group for a discussion about the firm's strategy to create value, and says PostNL is undervalued, Dutch daily Het Financieele Dagblad reported on Monday.

PostNL confirmed to the paper it has received a letter from Lutetia but declined further comment.

AREVA

The French nuclear company said on Friday it has signed a five-year 1.25 billion euro revolving credit facility with a syndicate of 19 banks, which replaces a previous facility expiring in 2014.

CASINO

The retailer on Friday issued a new 10-year bond of 750 million euros.

EIFFAGE

APRR, the toll road unit of the French construction and concessions group, said full-year revenues slightly rose as higher fees offset a decline in traffic.

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