European Stocks Gain on Trump Health Optimism, Deal Activity

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European stocks rose Monday on optimism over U.S. President Donald Trump’s health amid a flurry of merger and acquisition activity.

The Stoxx Europe 600 Index closed up 0.8%, completing a third day of gains. Telecoms rallied after Vodafone Group Plc said it received consent from its lenders concerning the merger of Indus Towers Ltd. and Bharti Infratel Ltd.