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European Averages Advance On Deal News |
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8:33 AM EST January 27 2006 |
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European stocks were lifted at mid-day dealings by merger-and-acquisition news, led by the world’s top steelmaker Mittal Steel’s offer to buy rival Arcelor for $22.7 billion. The German DAX 30 surged 1%, the French CAC 40 advanced 0.7%, and London’s FTSE 100 climbed 0.9%. |
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