European Markets Dampened by Greece Worries; Telecity Rises on Purchase of Interxion
European stock markets move lower on Wednesday.
European stock markets move lower on Wednesday as investors doubt whether any progress towards a resolution of the standoff between Germany and Greece over the Mediterranean nation’s bailout package would result from a meeting today of euro-zone finance ministers. U.K. data center operator Telecity Group plc surges on a $2.2 billion, all-stock takeover agreement with New York-listed, Dutch-based peer Interxion Holding NV (INXN). Lonmin plc is sanguine about larger miner Glencore plc’s plan to hand its 23.9% Lonmin stake to its own shareholders, but the stock falls nevertheless. And in Amsterdam ING Groep NV rises as it resumes dividend payments after a seven-year hiatus.









