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Norsk merger lifts European equities
Norsk Hydro (NYSE:NHY)’s announcement that it is to merge its oil and gas business with that of fellow Norwegian group Statoil (NYSE:STO) helped send European equity markets higher on Monday, in spite of downside pressure from bank and technology stocks.
By midday, the FTSE Eurofirst 300 was up 0.1 per cent to 1,489.85, Frankfurt’s Xetra Dax [...]
