Saturday, 14 July 2007

European Stocks Rise in the Week; Numico, Miners Gain Amid Merger Activity

(Bloomberg) -- European stocks advanced after Groupe
Danone SA, the world's biggest yogurt maker, offered to buy Royal
Numico NV and mergers and acquisitions speculation drove shares
of Unilever, Hagemeyer NV and Air Liquide SA higher.

Xstrata Plc and BHP Billiton Ltd. paced gains in mining
shares after Rio Tinto Group's $38.1 billion purchase of Canada's
Alcan Inc. sparked takeover speculation in the industry.


Read more at Bloomberg Stocks News

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