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Europe Stocks Little Changed as China Data Offsets M&A

European stocks were little changed, after their first weekly slide in more than a month, as disappointing Chinese economic data offset gains amid mergers-and-acquisitions activity.

SABMiller Plc and Heineken NV both rose, sending food and beverage companies for the biggest rally among 19 industry groups, after the Dutch company rebuffed a takeover offer by the U.K. brewer. Jazztel Plc jumped the most since June 2009 before its shares were halted. Oil and gas companies declined after Brent crude reached a two-year low as China’s industrial output expanded at the weakest pace since the financial crisis.