(Bloomberg) -- European stocks rose for the first
time in six days as renewed takeover speculation lifted mining
and steel companies.
BHP Billiton Ltd. led mining companies higher after UBS AG
said mergers and acquisitions in the industry ``will continue to
accelerate.'' ThyssenKrupp AG fueled a rally by steelmakers after
Interfax reported the world's biggest stainless steelmaker is
interested in acquisitions to expand. Axa SA, Rodamco Europe NV
and Deutsche Bank AG led gains by financial-related companies,
among the hardest hit in last week's sell-off.
Read more at Bloomberg Stocks News
time in six days as renewed takeover speculation lifted mining
and steel companies.
BHP Billiton Ltd. led mining companies higher after UBS AG
said mergers and acquisitions in the industry ``will continue to
accelerate.'' ThyssenKrupp AG fueled a rally by steelmakers after
Interfax reported the world's biggest stainless steelmaker is
interested in acquisitions to expand. Axa SA, Rodamco Europe NV
and Deutsche Bank AG led gains by financial-related companies,
among the hardest hit in last week's sell-off.
Read more at Bloomberg Stocks News
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