Shares of Software AG skyrocketed 50.0% in early trade after private equity firm Silver Lake offered to buy the German software developer. (Reporting by Shubham Batra in Bengaluru; Editing by Varun H K)
(For a Reuters live blog on U.S., UK and European stock
markets, click LIVE/ or type LIVE/ in a news window)
April 24 (Reuters) - European shares fell on Monday,
tracking losses in Asian markets as investors awaited more
economic data this week and earnings from some of the
highest-valued U.S. companies, along with major European banks
and consumer companies.
The pan-European STOXX 600 index slid 0.2% by 0710
GMT, with oil and gas shares falling the most by 1.1%,
as oil prices fell more than 1% on Monday on concerns about
rising interest rates.
Healthcare shares rose 0.4%, led by Philips NV , which jumped 10.8% after the Dutch health technology
group posted better-than-expected first-quarter results.
Investors will closely monitor results from some of the
highest-valued U.S. companies including Microsoft Corp ,
Google parent Alphabet Inc and Amazon.com Inc this week.
Back home, big banks Barclays Plc , Santander , Deutsche Bank AG , UBS Group AG ,
and consumer companies like Nestle SA , Reckitt and Unilever Plc report results this week.
Commentary from European Central Bank policymakers Fabio
Panetta and Francois Villeroy de Galhau will be tracked closely
for more clues on the ECB's monetary tightening path, while also
Euro zone's flash estimates for GDP growth in April
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