(Bloomberg) -- European stocks rose for the first
time in three days, led by BHP Billiton Ltd. and Xstrata Plc on
takeover speculation after Rio Tinto Group agreed to buy Canada's
Alcan Inc. for $38.1 billion.
Rio Tinto, the world's third-largest mining company, climbed
to a record. Alstom SA jumped after the world's third-biggest
maker of power plants said fiscal first-quarter sales rose 27
percent, driven by increased investment in electricity grids.
Read more at Bloomberg Stocks News
time in three days, led by BHP Billiton Ltd. and Xstrata Plc on
takeover speculation after Rio Tinto Group agreed to buy Canada's
Alcan Inc. for $38.1 billion.
Rio Tinto, the world's third-largest mining company, climbed
to a record. Alstom SA jumped after the world's third-biggest
maker of power plants said fiscal first-quarter sales rose 27
percent, driven by increased investment in electricity grids.
Read more at Bloomberg Stocks News
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