Broker WestLB, upgraded the stock from 'neutral' to 'buy' on the back of the news.
In France, the worlds' sixth largest advertising company, Havas, slipped on concerns that it could soon lose its third-largest client, Intel, while Europe's top two carmakers, Peugeot and Renault, fell amid further fuel fears.
Sodexho, the French catering group, dropped 4.6% after it revealed full year sales figures were down by 1.6%.
Cosmetics giant L'Oreal fell back to less than €53 on the back of sales concerns highlighted by JP Morgan, which cut its recommendation on the firm from 'overweight' to 'neutral'.
In Switzerland, employment group, Adecco fell nearly 2% on the back of a downward re-rating from US broker, Morgan Stanley, from 'overweight' to 'equal weight'.
Drug giant Novartis ticked down to €59 on the back of Tuesday's decision by the UK government to suspend the manufacturing license for the flu vaccine, Chiron, in which Novartis has a 42% stake.