(Bloomberg) -- European stocks gained for a second
day, led by hotel companies after Hilton Hotels Corp. of the U.S.
agreed to be taken private by buyout firm Blackstone Group LP,
reviving takeover speculation in the industry.
InterContinental Hotels Group Plc, the owner of the Holiday
Inn chain, and Accor SA, Europe's largest hotel company, surged.
Deutsche Telekom AG climbed after Credit Suisse Group raised its
recommendation for the telecommunications industry.
Read more at Bloomberg Stocks News
day, led by hotel companies after Hilton Hotels Corp. of the U.S.
agreed to be taken private by buyout firm Blackstone Group LP,
reviving takeover speculation in the industry.
InterContinental Hotels Group Plc, the owner of the Holiday
Inn chain, and Accor SA, Europe's largest hotel company, surged.
Deutsche Telekom AG climbed after Credit Suisse Group raised its
recommendation for the telecommunications industry.
Read more at Bloomberg Stocks News
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