(Bloomberg) -- European stocks may climb for a third
day after Italy's UniCredit SpA agreed to buy Capitalia SpA for
21.8 billion euros ($29.5 billion), sparking speculation of more
takeovers in the financial services industry.
Banca Popolare dell'Emilia Romagna Scrl might rise after
Banca Popolare di Milano Scrl, a 142-year-old cooperative lender,
agreed to buy the smaller rival. Friends Provident Plc may
advance after the Observer reported Axa SA may consider a bid for
the U.K. insurer. BHP Billiton Ltd. and Rio Tinto Group may
advance on higher metal prices.
Read more at Bloomberg Stocks News
day after Italy's UniCredit SpA agreed to buy Capitalia SpA for
21.8 billion euros ($29.5 billion), sparking speculation of more
takeovers in the financial services industry.
Banca Popolare dell'Emilia Romagna Scrl might rise after
Banca Popolare di Milano Scrl, a 142-year-old cooperative lender,
agreed to buy the smaller rival. Friends Provident Plc may
advance after the Observer reported Axa SA may consider a bid for
the U.K. insurer. BHP Billiton Ltd. and Rio Tinto Group may
advance on higher metal prices.
Read more at Bloomberg Stocks News
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