Europe Stocks Rise as Intesa Leads Italian Bank Gains, Nestle Up
Nestle Targeted by Dan Loeb in $3.5 Billion Bet
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Gains in Italian lenders and Swiss food giant Nestle SA helped European stocks rebound from three weeks of losses.
The Stoxx Europe 600 Index added 0.4 percent at the close, following its longest weekly losing streak since the U.K.’s vote to leave the European Union. Miners reversed gains in afternoon trading, helping trim gains of as much as 0.9 percent in the benchmark.