NewsFeeder
04-08-2015, 09:10 AM
Mega-merger helps drive European stocks to 8-year high
[Reuters] - European shares clawed their way to an eight-year high on Wednesday, driven by a $70 billion (47 billion pounds) mega-deal in the oil and gas sector that added to a flurry of merger and acquisition activity that has gripped investors this week. Shares in BG Group (BG.L) surged 45 percent after Royal Dutch Shell (RDSa.L) agreed to pay that amount for its smaller rival, making it the biggest deal in the sector in more than a decade. At mid-session in Europe the EuroFirst 300 index of leading shares was up 0.2 percent at 1,616 points (.FTEU3), having earlier touched an eight-year high of 1617.88 points.
http://us.rd.yahoo.com/finance/news/rss/story/*http://sg.finance.yahoo.com/news/japan-shares-test-15-highs-002315949.html
[Reuters] - European shares clawed their way to an eight-year high on Wednesday, driven by a $70 billion (47 billion pounds) mega-deal in the oil and gas sector that added to a flurry of merger and acquisition activity that has gripped investors this week. Shares in BG Group (BG.L) surged 45 percent after Royal Dutch Shell (RDSa.L) agreed to pay that amount for its smaller rival, making it the biggest deal in the sector in more than a decade. At mid-session in Europe the EuroFirst 300 index of leading shares was up 0.2 percent at 1,616 points (.FTEU3), having earlier touched an eight-year high of 1617.88 points.
http://us.rd.yahoo.com/finance/news/rss/story/*http://sg.finance.yahoo.com/news/japan-shares-test-15-highs-002315949.html