European shares rise to one-month high as weaker euro lifts autos

martes 1 de marzo de 2016 12:17 GYT

* FTSEurofirst 300 extends gains after strong US data

* LSE shares surge on possible counter-offer

* Autos higher as euro hits one-month lows

* Glencore underperformed miners, Barclays slumps (Adds details, updates prices)

By Danilo Masoni and Atul Prakash

MILAN/LONDON, March 1 (Reuters) - European shares rose on Tuesday, with exchange operator London Stock Exchange (LSE) boosted by speculation of a possible bidding war and auto stocks helped by continued weakness in the euro.

Shares in LSE rose 7.6 percent after U.S. rival ICE said it was considering making an offer for the group, a move that could derail Deutsche Boerse's potential tie-up with the British company. Deutsche Boerse was little changed.

"With ICE now also being interested, it looks ... more likely for a deal to be done," said Charles Hanover Investments partner Dafydd Davies.

The pan-European FTSEurofirst 300 index rose 1.2 percent to a one-month high by 1540 GMT, extending earlier gains after stronger than expected U.S. manufacturing data sent the euro - already weakened by a poor euro zone manufacturing survey - to fresh one-month low against the dollar.   Continuación...