The Management Board and the Supervisory Board of Kloeckner & Co SE (KCO) recommended shareholders not to accept the voluntary public takeover offer by SWOCTEM GmbH.
Italy's industrial turnover declined for the first time in three months in January, data from the statistical office Istat showed on Friday. Industrial sales dropped a seasonally adjusted 1.
Portugal's consumer prices rose at a slower rate in March amid a fall in costs for energy products, preliminary data from Statistics Portugal showed on Friday. Consumer price inflation eased to 7.