Monday, July 16, 2007

European Stocks Advance, Led By ABN Amro, Banks; Saipem, Technip Decline

(Bloomberg) -- European stocks rose, led by ABN Amro
Holding NV after Royal Bank of Scotland Group Plc sweetened its
71.1 billion-euro ($98.1 billion) offer for the Dutch lender.

ABN Amro jumped the most in three months. BT Group Plc, the
U.K.'s largest phone company, and drugmaker GlaxoSmithKline Plc
climbed after brokerages lifted their recommendations on the
shares.


Read more at Bloomberg Stocks News

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