Europe Stocks Rise Third Week as Stoxx 600 Reaches Six-Year High
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European stocks climbed, extending a third consecutive weekly gain, as the Stoxx Europe 600 Index rose to its highest level in six years.
Vodafone Group Plc rose 3 percent as UBS AG said the mobile-phone operator may attract potential bidders after the sale of its stake in Verizon Wireless. Valeo SA jumped 13 percent after the French auto-parts maker posted six-month earnings that beat analyst estimates. Royal Bank of Scotland Group Plc added 1.2 percent as the Financial Times said that the lender will exit its riskier investment-banking businesses.