{"id":1942,"date":"2025-09-24T16:42:37","date_gmt":"2025-09-24T16:42:37","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2025\/09\/24\/europe-bulletin-tennet-11-3b-sale-jlr-cyber-fallout-stocks-end-lower\/"},"modified":"2025-09-24T16:42:37","modified_gmt":"2025-09-24T16:42:37","slug":"europe-bulletin-tennet-11-3b-sale-jlr-cyber-fallout-stocks-end-lower","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2025\/09\/24\/europe-bulletin-tennet-11-3b-sale-jlr-cyber-fallout-stocks-end-lower\/","title":{"rendered":"Europe bulletin: TenneT $11.3B sale, JLR cyber fallout, stocks end lower"},"content":{"rendered":"
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European business and political developments were marked on Wednesday by a multibillion-euro energy infrastructure deal, government deliberations over support for Jaguar Land Rover\u2019s supply chain, renewed union pressure in France, and choppy equity markets shaped by geopolitics.<\/p>\n

Dutch Government agrees to sell 46% stake in TenneT Germany<\/h2>\n

The Dutch government announced it will sell a 46% stake in power grid operator TenneT\u2019s German operations to an investor consortium for up to \u20ac9.5 billion ($11.3 billion). <\/p>\n

The deal, one of Europe\u2019s largest this year according to LSEG data, is designed to meet surging capital needs for energy infrastructure across the continent.<\/p>\n

The consortium includes Dutch pension fund manager APG, Singapore\u2019s sovereign wealth fund GIC, and Norges Bank Investment Management (NBIM), the operator of the world\u2019s largest sovereign wealth fund. <\/p>\n

Under the arrangement, the Dutch state will issue new shares in TenneT Germany for private placement to the consortium.<\/p>\n

According to the Dutch finance ministry, the investment will inject \u20ac8.5 billion into TenneT Germany to sustain its credit rating and provide an additional buffer to reduce risks for the state. <\/p>\n

APG confirmed it will acquire around an 11% stake, NBIM said it will hold 21.8%, and the balance will be taken by GIC.<\/p>\n

UK weighs emergency support for JLR suppliers after cyberattack<\/h2>\n

The UK government is considering steps to shield suppliers of Jaguar Land Rover (JLR) from the fallout of a cyberattack that has forced weeks of halted production. <\/p>\n

Business Secretary Peter Kyle is weighing a plan where the government would temporarily buy parts from suppliers and sell them back to JLR once manufacturing resumes, ITV News reported.<\/p>\n

JLR, owned by India\u2019s Tata Motors, was hit by the attack on August 31, shutting down production at its facilities in the UK, Slovakia, Brazil, and India. <\/p>\n

The disruption is expected to last into October, creating acute risks for suppliers tied to JLR\u2019s \u201cjust in time\u201d production schedules.<\/p>\n

Unions have urged the government to introduce a furlough scheme to support affected workers. <\/p>\n

While officials are reviewing options for assistance, no formal commitment has yet been made to provide financial aid to smaller suppliers.<\/p>\n

French Unions call new strike as pressure mounts on Lecornu<\/h2>\n

France\u2019s trade unions announced another day of nationwide strikes and protests on October 2 as they seek to force Prime Minister S\u00e9bastien Lecornu to abandon his predecessor\u2019s austerity fiscal policies.<\/p>\n

Union leaders said they were dissatisfied with Lecornu\u2019s response to a September 18 protest that drew hundreds of thousands of participants. <\/p>\n

Marylise Leon, head of the CFDT, the country\u2019s largest union, said: \u201cThe prime minister did not provide any clear answers to the workers\u2019 demands, so for the unions, it\u2019s a missed opportunity. It doesn\u2019t add up.\u201d<\/p>\n

The demonstrations come as Lecornu, appointed by President Emmanuel Macron less than three weeks ago, struggles to form a government and draft a 2026 budget. <\/p>\n

With a divided parliament and mounting fiscal pressures, his room for manoeuvre remains limited.<\/p>\n

European stocks edge lower as defence shares outperform<\/h2>\n

European equity markets ended the day marginally lower despite a surge in defence stocks following comments from US President Donald Trump on the conflict in Ukraine.<\/p>\n

The pan-European Stoxx 600 provisionally closed down 0.14%, recovering from steeper intraday losses. <\/p>\n

The Stoxx Europe Aerospace and Defence Index rose about 1.3%, supported by sharp gains in key defence names.<\/p>\n

Germany\u2019s Renk and Hensoldt climbed around 8% each, while Sweden\u2019s Saab advanced nearly 5.5%. <\/p>\n

The sector rallied after Trump stated in a post on Truth Social that Ukraine, with European Union support, could reclaim \u201call of its territory\u201d from Russia \u2014 a notable shift in his public stance on the war.<\/p>\n<\/p>\n

The post Europe bulletin: TenneT $11.3B sale, JLR cyber fallout, stocks end lower<\/a> appeared first on Invezz<\/a><\/p>\n

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European business and political developments were marked on Wednesday by a multibillion-euro energy infrastructure deal, government deliberations over support for Jaguar Land Rover\u2019s supply chain, renewed union pressure in France, and choppy equity markets shaped by geopolitics.Dutch Government agrees to sell 46% stake in TenneT GermanyThe Dutch government announced it will sell a 46% stake…<\/p>\n","protected":false},"author":1,"featured_media":1943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=1942"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/1942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/1943"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=1942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=1942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=1942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}