European shares drop

European shares drop

الخميس 1438/8/22 هـ الموافق 2017/05/18 م واس

LONDON, Sha’ban 22, 1438, May 18, 2017, SPA — European shares dropped in deals on Thursday, Reuters reported.
The pan-European STOXX 600
Some of the largest individual stock moves were spurred by fresh M&A action, with shares in Berendsen soaring nearly 27 percent after French laundry firm Elis made a $2.6 billion offer for the British rival.
Likewise shares in Swedish debt collector firm Intrum Justitia dropped more than 8 percent after it proposed a string of divestments in order to assuage European Commission concerns over its planned merger with Norwegian rival Lindorff. Shares in Italy’s Fiat Chrysler were also weaker.
–SPA
12:02 LOCAL TIME 09:02 GMT