(Bloomberg) -- European stocks gained after Akzo Nobel
NV made an offer for Imperial Chemical Industries Plc and a report
signaled a group may bid for Sainsbury Plc, fueling speculation of
more takeovers in the chemical and retail industries.
ICI surged 16 percent, sending the Dow Jones Stoxx 600
Chemicals Index to a record. Sainsbury, the U.K.'s third-biggest
supermarket chain, and Tesco Plc, Britain's largest supermarket
company, paced an advance by retailers.
Read more at Bloomberg Stocks News
NV made an offer for Imperial Chemical Industries Plc and a report
signaled a group may bid for Sainsbury Plc, fueling speculation of
more takeovers in the chemical and retail industries.
ICI surged 16 percent, sending the Dow Jones Stoxx 600
Chemicals Index to a record. Sainsbury, the U.K.'s third-biggest
supermarket chain, and Tesco Plc, Britain's largest supermarket
company, paced an advance by retailers.
Read more at Bloomberg Stocks News
No comments:
Post a Comment