(Reuters) - European shares ended higher on Wednesday as merger and acquisition talk surrounding insurers and banks helped markets pare losses struck in the past two sessions and Germany's 30 share DAX hit a record close.
Allianz rose for the fifth day in a row, with the day's 2 percent gain stoked by a report in a German stock market newsletter that Deutsche Bank was in talks to buy the retail operations of the insurer's Dresdner Bank unit.
Read more at Reuters Africa
Allianz rose for the fifth day in a row, with the day's 2 percent gain stoked by a report in a German stock market newsletter that Deutsche Bank was in talks to buy the retail operations of the insurer's Dresdner Bank unit.
Read more at Reuters Africa
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