European markets traded higher at mid-day on merger-and-acquistion activity as well as takeover speculations. The German DAX 30 rose 0.7%, lifted by 23% gain in drug maker Schering. The French CAC 40 added 0.4%. London FTSE 100 rose 0.5%, boosted by London Stock Exchange which rocketed 28%, following a bid of $4.1 billion from Nasdaq stock exchange. |
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