European Stocks Rebound From Weekly Decline; Vivendi, Fiat Climb
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European stocks rose, rebounding from their first weekly loss in more than a month, as carmakers and technology companies gained.
Vivendi SA climbed the most in two months as Qatar Telecom QSC said it raised $12 billion to finance its bid for the French media and telecommunications company’s stake in Maroc Telecom SA. Fiat SpA advanced 4.4 percent after Italy’s industry minister offered support to keep its plants in the country. Club Mediterranee SA jumped the most on record after the French holiday-resort operator said it got a bid from two shareholders.