European Stocks Extend Three-Week High as Altice, UBS Advance
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A jump in telecommunication shares and banks pushed European stocks up for a third day.
Altice SA climbed 12 percent on deals activity, while Vodafone Group Plc rose 5.4 percent after Liberty Global Plc Chairman John Malone said a tie-up with the U.K. phone company would be a “great fit” for his cable empire. UBS Group AG gained 3.2 percent and Barclays Plc advanced 3.4 percent after agreeing to pay fines to settle probes into interest-rate rigging.