European shares rise as bid talk offsets Ukraine worries

jueves 24 de abril de 2014 12:44 GYT

* New Ukraine worries cause DAX to underperform

* FTSEurofirst 300 closes up 0.3 pct at 1,343.27 points

* Alstom surges on GE bid speculation

* Euro STOXX 50 rises 0.4 pct to 3,189.81 points

By Sudip Kar-Gupta

LONDON, April 24 (Reuters) - European stock markets rose on Thursday, as signs of a resurgence in corporate takeover activity offset lingering worries over Ukraine.

The pan-European FTSEurofirst 300 index, which hit a near 6-year high of 1,355.29 points earlier this month, closed up 0.3 percent at 1,343.27 points.

The euro zone's blue-chip Euro STOXX 50 index also rose 0.4 percent to 3,189.81 points.

High corporate cash piles and a slow improvement in the economic outlook for Europe are encouraging companies to start looking again at merger and acquisition opportunities.   Continuación...