European markets have started the week steady but positive territory. In London, the FTSE 100 was up 0.29% at 6,936.01 and the domestically focused FTSE 250 gained 0.11% to 17,941.43 in morning trading.
Miner Anglo American (NGLOY) was the biggest gainer on the FTSE 100, most recently up 1.76%. The company is being pressured by its biggest investor South Africa's pension fund the Public Investment Corporation to spin off its South African operation, which could lead to an eventual breakup of the company.
The investor is calling for Anglo to sell its platinum mines to a state-backed vehicle.
Entertainment One shares have risen more than 6% on reports that private equity firm KKR (KKR - Get Report) is looking to making a bid. London's Sunday Times reported that the KKR was interested in the company after the Toronto-based, London-listed company, which majority owns cartoon franchise Peppa Pig, rejected an offer from ITV (ITVPF) . ProSeiben (PBSFF) and Vivendi (VIVEF) are reportedly also interested in the company.
Enterprise software group Sage (SGPYY) lost 2.5% in morning trading after it was relieved the company had a data breach. The breach may have included the personal details and bank account information for the employees of 300 U.K. companies.
Security services firm G4S (GFSZY) gained 1.24% in morning trading after it was announced that Tim Weller would become its new finance chief.
In Frankfurt, the Dax was recently at 10,792.35, up 0.74% and the Cac 40 was 0.52% up at 4,523.80 in Paris.
Dow Jones Industrial Average mini futures were recently up 0.24% and S&P 500 mini futures were up 0.19%.
Reports that the Russian energy minister has been in talks with Saudi Arabia to achieve oil market stability has pushed oil prices higher. The West Texas intermediate was recently 1.39% up at $45.11 and Brent Crude was up 1.34% at $47.60 a barrel.