(Bloomberg) -- European stocks extended last week's advance after ABN Amro Holding NV said banks including Royal Bank of Scotland Group Plc may offer to buy the Dutch company, fueling speculation takeovers will lift shares.
ABN Amro shares jumped to a record high. The lender that's the target of the largest takeover battle in the financial- services industry also said first-quarter profit rose 31 percent, reporting earnings earlier than expected because of ``recent developments.''
Read more at Bloomberg Stocks News
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