(Bloomberg) -- European stocks resumed an April rally on speculation takeovers will increase in the telecommunications industry and after analysts lifted their projection for construction company shares.
Cable & Wireless Plc had the largest gain in nine months after Britain's Observer newspaper reported the company might sell units. Skanska AB rallied as Deutsche Bank AG said shares of the building company should benefit from solid profit results. Carlsberg A/S rose as Dresdner Kleinwort said changes in the brewer's shareholder structure may allow it to buy rivals.
Read more at Bloomberg Stocks News
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