(Bloomberg) -- European stocks advanced for a third
day, led by Marks & Spencer Group Plc after the retailer reported
first-quarter British sales that topped analysts' estimates and
takeover speculation lifted food and beverage companies.
Marks & Spencer shares jumped the most since February. Royal
Numico NV climbed 24 percent. Groupe Danone SA said yesterday
after the market close it offered to buy the Dutch company for
12.3 billion euros ($16.8 billion). Unilever SA, the world's
second-biggest maker of food and detergent, and Switzerland's
Nestle SA paced today's gain.
Read more at Bloomberg Stocks News
day, led by Marks & Spencer Group Plc after the retailer reported
first-quarter British sales that topped analysts' estimates and
takeover speculation lifted food and beverage companies.
Marks & Spencer shares jumped the most since February. Royal
Numico NV climbed 24 percent. Groupe Danone SA said yesterday
after the market close it offered to buy the Dutch company for
12.3 billion euros ($16.8 billion). Unilever SA, the world's
second-biggest maker of food and detergent, and Switzerland's
Nestle SA paced today's gain.
Read more at Bloomberg Stocks News
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