(Reuters) - At 0803 GMT, the FTSEurofirst 300 was up 0.6 percent at 1,569.33 points, with major indexes in Britain, Germany and France up 0.5 percent and Germany's DAX up 0.8 percent.
British retailer and pharmaceuticals wholesaler Alliance Boots gained nearly 6 percent after it agreed a higher takeover bid from Kohlberg Kravis Roberts and billionaire Stefano Pessina. A rival consortium said it had proposed an indicative bid.
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