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 PRESS RELEASE

Press Release: Sanofi to acquire Vicebio, expanding respiratory vaccin...

Press Release: Sanofi to acquire Vicebio, expanding respiratory vaccines pipeline Sanofi to acquire Vicebio, expanding respiratory vaccines pipeline Paris, July 22, 2025. Sanofi today announces it has entered into an agreement to acquire Vicebio Ltd (“Vicebio”), a privately held biotechnology company headquartered in London, UK. The acquisition brings an early-stage combination vaccine candidate for respiratory syncytial virus (RSV) and human metapneumovirus (hMPV), both respiratory viruses, and expands the capabilities in vaccine design and development with Vicebio’s ‘Molecular Clamp’ tec...

 PRESS RELEASE

Communiqué de presse : Sanofi va acquérir Vicebio et enrichir son pipe...

Communiqué de presse : Sanofi va acquérir Vicebio et enrichir son pipeline de vaccins respiratoires Sanofi va acquérir Vicebio et enrichir son pipeline de vaccins respiratoires Paris, le 22 juillet 2025. Sanofi annonce aujourd'hui la conclusion d'un accord pour l'acquisition de Vicebio Ltd (« Vicebio »), une société de biotechnologie privée dont le siège est à Londres, au Royaume-Uni. Cette acquisition apporte à Sanofi un candidat-vaccin combiné en phase précoce de développement contre le virus respiratoire syncytial (VRS) et le métapneumovirus humain (hMPV), deux virus respiratoires, et r...

 PRESS RELEASE

ASML reports transactions under its current share buyback program

ASML reports transactions under its current share buyback program ASML reports transactions under its current share buyback program VELDHOVEN, the Netherlands – ASML Holding N.V. (ASML) reports the following transactions, conducted under ASML's current share buyback program. DateTotal repurchased sharesWeighted average priceTotal repurchased value14-Jul-2518,016€682.42€12,294,50215-Jul-2517,471€703.75€12,295,20916-Jul-25---17-Jul-25---18-Jul-25--- ASML’s current share buyback program was announced on 10 November 2022, and details are available on our website at This regular update of the...

Pierre FerraguÊ
  • Pierre FerraguÊ

H20 ban, TSMC beats, ASML cautious, Auto pull-ins, RAN muted. Our week...

As always, during earnings season, we wrap-up what happened in the previous week. For our main takes summarized on a single slide, and a few words on each of the 4 names we followed last week, follow the link below.

 PRESS RELEASE

Press Release: Sanofi completes acquisition of Blueprint Medicines

Press Release: Sanofi completes acquisition of Blueprint Medicines Sanofi completes acquisition of Blueprint Medicines Paris, July 18, 2025. Sanofi today announces the completion of its (Blueprint), adding to its portfolio a commercialized medicine, a promising pipeline, and the expertise of a company specializing in systemic mastocytosis (SM), a rare immunological disease, and other KIT-driven diseases. In addition, the acquisition of Blueprint brings Sanofi an established presence among allergists, dermatologists, and immunologists which is expected to enhance Sanofi’s ability to a...

 PRESS RELEASE

Communiqué de presse : Sanofi finalise l’acquisition de Blueprint Medi...

Communiqué de presse : Sanofi finalise l’acquisition de Blueprint Medicines Sanofi finalise l’acquisition de Blueprint Medicines Paris, le 18 juillet 2025. Sanofi annonce aujourd’hui la finalisation de (Blueprint). La nouvelle entreprise ajoute au portefeuille de Sanofi des médicaments disponibles sur le marché, un pipeline prometteur et l’expertise d’une société spécialiste de la mastocytose systémique (MS), une maladie rare du système immunitaire, et d’autres maladies associées au gène KIT. En acquérant Blueprint, Sanofi bénéficie d’une présence établie parmi les allergologues, les...

Rolf Bulk
  • Rolf Bulk
Jan Frederik Slijkerman
  • Jan Frederik Slijkerman

ASML sees risks to 2026 growth/AI remains driver of semiconductor indu...

ASML reported solid 1H25 results and confirmed its FY25 and FY30 outlooks. Also, the net bookings were solid in 2Q25 at €5.5bn. However, ASML sees risks from geopolitical uncertainty to FY26 revenues. Nevertheless, ASML has a very strong balance sheet and good growth prospects. We continue to like the ASML notes. Moreover, they offer good value when compared to the notes of Orange in the belly of the curve.

Pierre FerraguÊ
  • Pierre FerraguÊ

Semi cycle update. Much ado about nothing: Tariff and DeepSeek effects...

We publish today our quarterly and extensive review of where fundamentals, expectations, and valuations stand in semis and give our views on how investors should be positioned for the rest of the year. For details, please follow the link below.

Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri
Martin Marandon-Carlhian ... (+2)
  • Martin Marandon-Carlhian
  • Stephane Houri
 PRESS RELEASE

Press Release: Sanofi announces extension of Blueprint tender offer

Press Release: Sanofi announces extension of Blueprint tender offer Sanofi announces extension of Blueprint tender offer Paris, July 17, 2025. Sanofi today announces that Rothko Merger Sub, Inc., a wholly owned subsidiary of Sanofi, has extended the expiration date of its tender offer to purchase all of the outstanding shares of common stock, par value $0.001 per share of Blueprint Medicines Corporation for $129.00 per share in cash, plus one non-transferable contractual contingent right per share, representing the right to receive contingent payments of up to an aggregate amount of $6.00 ...

 PRESS RELEASE

Communiqué de presse : Sanofi annonce la prolongation de l’offre publi...

Communiqué de presse : Sanofi annonce la prolongation de l’offre publique d’achat sur Blueprint Sanofi annonce la prolongation de l’offre publique d’achat sur Blueprint Paris, le 17 juillet 2025. Sanofi annonce aujourd'hui que Rothko Merger Sub, Inc., une filiale détenue à 100 % par Sanofi, a prolongé la date d'expiration de son offre publique d'achat qui vise à acquérir toutes les actions ordinaires en circulation, d'une valeur nominale de 0,001 dollar par action, de Blueprint Medicines Corporation pour 129,00 dollars par action en numéraire, plus un droit contractuel contingent non-trans...

Jan Frederik Slijkerman ... (+5)
  • Jan Frederik Slijkerman
  • Jeroen van den Broek
  • Jesse Norcross
  • Nadège Tillier
  • Timothy Rahill

Coffee, Croissants & Credit/ASML reports solid new order intake

Technology: ASML reports solid new order numbers, confirms FY25 outlook

Rolf Bulk
  • Rolf Bulk

ASML 2Q25 QT: Cautious tone on 2026 is justified.

ASML reported 2Q25 this morning. Please click below for our quick take on the print.

ING Helpdesk
  • ING Helpdesk

Benelux Morning Notes

Ahold Delhaize: Peer Albertsons 1Q25/26 results ASML: 2Q25 results; good update, focus on FY26 Barco: 1H25 results; margin uplift despite headwinds Belgian Telecoms: DIGI fixed internet launch in Wallonia Flow Traders: June global volume rises but volatility declines MoM NSI: Good operational results, cautious outlook Ontex: Sizeable profit warning calls for material consensus downgrade

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