European stock indices pull themselves out of the doldrums after three difficult sessions, while Asian stocks close mixed with India's benchmark index dented by a surprise rate rise. In Frankfurt, nervous investors mark down shares in Apple and in chipmaker STMicroelectronics and in London Bank of Montreal and F&C Asset Management prove that financial services takeover agreements can be swift and painless, announcing a $1.2 billion deal less than a day after the companies disclosed discussions.

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