Monday, July 23, 2007

European Stocks Rise on Mergers; ABN Amro, Friends Provident, TomTom Gain

(Bloomberg) -- European stocks advanced after Barclays
Plc raised its offer for ABN Amro Holding NV to 67.5 billion euros
($93.4 billion) and Friends Provident Plc held talks with
Resolution Plc.

TomTom NV, the world's largest maker of car navigation devices,
gained after saying it intends to buy Tele Atlas NV. Autonomy Corp.
rose after the company that sells database search software said
profit almost doubled.


Read more at Bloomberg Stocks News

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