i spoke to the novozymes ceo yesterday. a lot of excitement on her part. can you tell us why this deal makes sense for hansen >> thank you great to have you on the program. it is an important moment for the industry and bio-science companies have to address the needs from the society point of view in transforming a more resilient plan i think joining forces creates a bio-science champion and global scope. it is a great next step for hansen to bring technologies to customers around the world >> a lot of talk about the price tag. many people are pointing out that novozymes is paying a 49% premium from the friday close of shares for hansen. i suppose you are happy with that result? >> i think it is a fair premium for shareholders who need to look at premiums over a longer point. i think ester mentioned that we have strong backing from the largest investor, novozymes. our investors should be happy with the premium and ability to also benefit from the strength of the future combined company >> mauricio, let's talk about how big this deal is in the danish contex

novozymes, 15.22%. novozymes is down by 15.22%.s, what is happening in the retail space right now is quite concerning. retailers with a lot of inventory on their books right now. it could be a very difficult christmas. january, february could be very tough. we are already starting to see failures in the build up towards christmas, you may see even more after christmas. asos talking upbringing and restructuring to avoid that scenario. alix: let's talk broader stock. the 600 is now up seven first -- 7%. joining us roland kaloyan, societe generale head of european strategies. what is your call? roland: we spent the last six months to have views. many were super pessimistic about the european liquidity. we are not. we reach our year in target for 2023. we don't say the market is super or supercheap right now. we are fairly -- compared to all of our tools we have got. we think we are going to see three points. a lot of good news. china, inflation, we think we are getting volatility probably by the first part of the year. guy: you are ex

novozymes will create a bio-solutions conglomerate the data company will offer a 49% stake for each sharewill have more on this historic merger when we speak to ester baiget today at 11:20 cet. >>> we will go to a quick break. when we come back, asian equities surge on the covid progress may be bumpy as china rolls back the zero covid policy we wilha t lesjul veheatt st ahead. >>> welcome back to "street signs. let's get a check of asian markets. it was negligative overnight. we had the hang seng soar up last week, but now we have lost about one-third of that in the overnight session. this is based on the concern of the covid cases mounting in mainland china and this will have repercussions on the real economy. hang seng down 2.2%. real estate and tech sector leading the decline. let's talk more about what is happening in the tech space. you can see the major tech names like alibaba down 3.8% meituan down 6%. the casinos are getting hit. you see wynn macau down 3% this is on the concern the economy may not be able to reopen as fast as people are hoping china is adding intensive care facil

was imes is having -- novozymes merger. you have maersk of course change at the top with a new ceo.s is part of the transition. we are going to be speaking to the new heads of maersk who will be taking over on january 1. that is a vincent clark. stay with us for that important interview. this should be -- the shipping a giant unchanged at the executive level. massive week for data and central banks, currently european stocks benchmark down 7/10 of a percent. futures lower in the u.s.. this is bloomberg. ♪ well, we fell in love through gaming. but now the internet lags and it throws the whole thing off. when did you first discover this lag? i signed us up for t-mobile home internet. ugh! but, we found other interests. i guess we have. [both] finch! let's go! oh yeah! it's not the same. what could you do to solve the problem? we could get xfinity? that's actually super adult of you to suggest. i can't wait to squad up. i love it when you talk nerdy to me. guy, guys, guys, we're still in session. and i don't know what the heck you're talking about. francine: welcome back to the open ev