French and Benelux stocks-Factors to watch on Feb 10

Mon Feb 10, 2014 2:34am 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 FCEc1 up 0.30 percent at 0733 GMT

PEUGEOT

China's Dongfeng Motor Group Co, currently in talks to buy a stake in PSA Peugeot Citroen, asked on Monday for a trading halt pending an announcement concerning "inside information".

L'OREAL

Nestle, the world's biggest food company, is looking at ways to reduce its $30 billion stake in cosmetics firm L'Oreal , Bloomberg reported on Saturday, citing sources with knowledge of the matter.

CASINO

The French supermarket chain said it would buy 50 stores in Colombia from local player Super Inter for an undisclosed price. The deal will be financed in cash and is subject to competition review.

AHOLD

The Dutch grocer said it bought back 3.66 million of its own shares at 12.63 euros per share, as part of a previously announced buyback programme. It spent 46.34 million euros.

ARCADIS

The Dutch engineering and consultancy group signed an extension of a water infrastructure contract in Brazil, known as the São Francisco River Integration Project, which it said would be worth $35 million over a period of 33 months.

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