Fed nerves hit European shares, sap M&A enthusiasm

martes 16 de septiembre de 2014 04:06 GYT

* FTSEurofirst 300 down 0.5 pct

* Worries about U.S. rate hike make investors wary of M&A

* Orange, TDC fall after striking acquisitions

By Francesco Canepa

LONDON, Sept 16 (Reuters) - European equity indexes fell on Tuesday as nerves about a tightening in U.S. monetary policy sapped investor enthusiasm - even for new mergers & acquisitions activity.

France's Orange fell 1.2 percent after unveiling a deal to buy Spanish fixed line telecommunications operator Jazztel, whose shares surged 6 percent, adding to a 12 percent rise on Monday.

Shares in Danish telecoms group TDC were down 1.2 percent after it said it would buy Norway's second-largest cable operator, Get AS, in a bid to counter falling revenues in its home market by expanding in other markets.

At 0745 GMT, the FTSEurofirst 300 index of top European shares was down 0.5 percent at 1,375.46 points, falling further away from this month's 6-1/2 year high.

Investors were reluctant to dip back into the market ahead of the U.S. Federal Reserve's two-day policy meeting, due to start today, and a referendum on independence for Scotland from the United Kingdom on Thursday.   Continuación...