SocGen shares jump as bidder field widens
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jumped on Friday after a report that fellow French bank Credit Agricole had hired advisers to study a possible approach.
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Europe&#39;s main stock markets rose Wednesday on the back of takeover talk in the hotels sector, sparked by a huge private equity-backed deal for US group Hilton Hotels Corporation.
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Societe Generale, the French bank reeling from a rogue trading scandal, launched a rights issue at a steep discount on Monday to bolster its balance sheet.
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French banking group Societe Generale has reported that second-quarter net profit rose by 37.9 percent, with its finance and investment divisions posting strong growth amid market volatility.
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Europe&#39;s main stock markets jumped higher thanks to takeover talk in the banking, travel and stock exchange sectors, dealers said Wednesday.
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London equities moved higher in opening trade on Thursday, helped by buoyant financial stocks and a fresh set of bid talk.
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Europe&#39;s main stock markets mainly rose as investors seized on the latest developments in the multi-billion-euro takeover battle for control of Dutch lender ABN Amro, dealers said Monday.
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Hopes for fresh bid activity in the utilities sector helped London equities extend gains in midday trade on Monday.
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European shares snapped higher on Wednesday after a two-day losing streak thanks to gains for the financials sector.
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Shares in Deutsche Boerse rise amid signs of shareholder opposition to its proposed takeover of the London Stock Exchange.
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Shares in the French luxury goods empire PPR shot up in opening trades Friday on strong first-half results following its purchase of German sportswear group Puma.
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European equity markets moved higher on Friday as Wall Street's early gains tempted bargain hunters back into the fray.
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European stocks were higher on Monday as fresh merger talk emerged, boosting the likes of EDP (NYSE:EDP), the Portuguese power generator and Ahold, the Dutch retailer.
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London equities made strong gains on Friday, as fresh bid activity energerised the mining sector.
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Shares in Swiss-based computer peripherals maker gained up to 12 percent amid speculation Microsoft would launch a takeover bid, traders said.
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European equity markets jumped on Thursday after Wall Street's sharp rally allowed the region's financial stocks to shake off news of a massive fraud at French bank Soci&eacute;t&eacute; G&eacute;n&eacute;rale.
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European stock markets were rebounding, with big gains for French electricity group EDF, German airline Lufthansa and British caterer Compass.