(Bloomberg) -- European stocks gained as rising
metal prices lifted mining companies and investors speculated
Deutsche Telekom AG may spin off its U.S. business, stoking
expectations mergers will increase in the telephone industry.
Deutsche Telekom, the region's largest phone company, climbed
the most in three months. Tele2 AB rallied to a four-week high as
Morgan Stanley said the Swedish telecommunications provider was
the ``best restructuring story.'' STMicroelectronics NV climbed
the most in 10 months on plans to form a company with Intel Corp.
Read more at Bloomberg Stocks News
metal prices lifted mining companies and investors speculated
Deutsche Telekom AG may spin off its U.S. business, stoking
expectations mergers will increase in the telephone industry.
Deutsche Telekom, the region's largest phone company, climbed
the most in three months. Tele2 AB rallied to a four-week high as
Morgan Stanley said the Swedish telecommunications provider was
the ``best restructuring story.'' STMicroelectronics NV climbed
the most in 10 months on plans to form a company with Intel Corp.
Read more at Bloomberg Stocks News
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