(Bloomberg) -- European stocks rose for a third day
after a Qatar fund bought shares in J Sainsbury Plc, the third-
largest U.K. supermarket chain, and fueling speculation takeovers
will increase in the industry.
Sainsbury and Tesco Plc, Britain's biggest supermarket
company, led the Dow Jones Stoxx 600 Retail Index to the highest
since June 4. Total SA, Europe's largest refiner, and Royal Dutch
Shell Plc advanced as oil traded near the highest in nine months.
Wolseley Plc rallied on speculation the world's biggest distributor
of plumbing and heating equipment may be a takeover target.
Read more at Bloomberg Stocks News
after a Qatar fund bought shares in J Sainsbury Plc, the third-
largest U.K. supermarket chain, and fueling speculation takeovers
will increase in the industry.
Sainsbury and Tesco Plc, Britain's biggest supermarket
company, led the Dow Jones Stoxx 600 Retail Index to the highest
since June 4. Total SA, Europe's largest refiner, and Royal Dutch
Shell Plc advanced as oil traded near the highest in nine months.
Wolseley Plc rallied on speculation the world's biggest distributor
of plumbing and heating equipment may be a takeover target.
Read more at Bloomberg Stocks News
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