European stocks bounce back as tech stocks rally

lunes 30 de marzo de 2015 06:23 GYT

* Greek mkt falls, underperforms gains elsewhere in Europe

* FTSEurofirst 300 up 1 pct, DAX up 1.4 pct

* M&A among U.S. chipmakers sparks rebound in tech shares

* Lafarge drops as two Holcim shareholders reject revised deal

By Blaise Robinson and Sudip Kar-Gupta

PARIS, March 30 (Reuters) - European stocks rose on Monday, bouncing back from last week's losses with tech shares rallying after merger talks in the sector spurred a late-session rally on Wall Street on Friday.

Shares in European technology stocks such as Infineon , STMicroelectronics and ASML were all up between 2-3 percent on Monday.

U.S. tech stocks had climbed on Friday after news of Intel's talks to buy fellow chipmaker Altera in a deal likely to top $10 billion. Intel shares jumped 6.4 percent while Altera shares surged 28.4 percent.

Signs of merger and acquisition (M&A) activity also briefly pushed up the shares of Yoox, after sources close to the matter told Reuters that the Italian online fashion retailer could unveil a deal to buy Richemont's Net-a-Porter as early as this week.   Continuación...