Tuesday, June 5, 2007

European Stocks Rise, Led by Vodafone; Standard Life, Old Mutual Gain

(Bloomberg) -- European stocks advanced on takeover
speculation in the telecommunications industry and as Merrill
Lynch & Co. advised investors to buy U.K. insurers.

Vodafone Group Plc climbed after the Wall Street Journal
said the mobile-phone company could be worth more split into
parts, fueling speculation it may be taken over. Standard Life
Plc and Old Mutual Plc climbed after Merrill Lynch raised its
recommendation on both shares.


Read more at Bloomberg Stocks News

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