European shares inch up; M&A boosts Fugro, Nutreco

lunes 10 de noviembre de 2014 05:12 GYT

* FTSEurofirst 300 up 0.3 pct, reverses last week's losses

* Nutreco rises as SHV sweetens takeover offer

* Fugro jumps after rival buys 15 pct stake

* Carlsberg rallies as quarterly results reassure

By Blaise Robinson

PARIS, Nov 10 (Reuters) - European stocks inched higher early on Monday, reversing some of the previous session's losses, with Nutreco surging 14 percent as SHV sweetened its takeover bid for the Dutch animal feed and nutrition company.

Shares in struggling oil services group Fugro jumped 32 percent, recovering recent sharp losses, after rival Boskalis bought around 15 percent of its shares.

Belt-tightening by big energy majors faced with plunging oil prices has been hitting oil services companies, fuelling expectation of consolidation in the troubled sector.

At 0850 GMT, the FTSEurofirst 300 index of top European shares was up 0.3 percent at 1,348.80 points, after losing 0.5 percent last week.   Continuación...