German Confidence Boosts European Markets Amid Cross Border Mergers and Acquisitions Action - Video - TheStreet

German Confidence Boosts European Markets Amid Cross Border Mergers and Acquisitions Action

European markets rally, as London treads water. German business confidence index could spell brighter outlook for Europe’s largest economy.
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European markets rally, as London treads water. German business confidence index could spell brighter outlook for Europe’s largest economy. U.K. insurance tie-up boosts Friends Life, but analysts question the value of the deal for the buyer, Aviva. Italian bank Intesa Sanpaolo wants to buy Coutts, the Royal Bank of Scotland private bank which counts Queen Elizabeth as one of its clients. British Telecom wants a mobile arm. It’s confirmed exploratory talks with Spain’s Telefonica about buying its U.K. cellphone unit 02. Jonathan Braude reports from The Deal's London newsroom.