European stocks opened higher rose on Monday despite a weaker overnight performance in Asia.
The pan-European Stoxx 600 index was up 0.44% with all regional bourses higher. Asian shares slipped on news of fresh regulatory crackdown on Chinese firms.
In equity news, German online pet supplies’ retailer Zooplus AG jumped 7.8% after Hellman & Friedman raised its takeover offer to £3.29bn from an initial offer of £3bn.
Shares in S4 Capital slumped 7.5% after the UK digital-advertising and marketing-services company reported wider pre-tax losses for the first half of 2021.
Associated British Foods slipped 2.2% as quarterly sales at Primark were lower than expected, but the company raised its full-year profit outlook.
