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on the upside, the best performer on the stoxx 600 is upther mid-cap, ambu come 16.4%.t equipment. a record high in this session. quiteair technically not a mid-cap. a little bigger. still interesting to show. downgraded to accumulate and hold. analysts saying the first quarter was stellar and april was strong that it seems to be normalizing. there is also a feeling that a lot of the good news has been priced in. it is m&a monday. let us take a closer look at some of the deals driving markets in europe. joining us now from our deals team is sarah. talks and swiss re are collapsing. the writing was on the wall. they are very busy with other deals. >> the talks have been going on for about three months. is reportedly close to collapsing. there are talks about a minority stake. inn the talks came out february, softbank said it would want a 30% stake in the business. swiss re came out very quickly that it would not be more than 10%. the talk on the street is that things are slowing down because of the size of the stakes. and also a disagreement on price. guy: it is interest

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