By Carla Mozee, MarketWatch
LONDON (MarketWatch) — Here are some companies whose shares made notable moves in European trade Monday.
Balfour Beatty PLC /zigman2/quotes/202863772/delayed UK:BBY +1.89% shares gained 4.2% after the company’s board said it “remains open to value-creation opportunities across the group,” with the statement coming after John Laing Infrastructure Fund Ltd. made a £1 billion bid ($1.57 billion) for the construction company’s investment arm. John Laing’s shares fell 2.6%.
Aberdeen Asset Management PLC said assets under management rose 62 % in fiscal 2014, aided by the fund manager’s purchase of Scottish Widows Investment Partnership. Net revenue rose 4% to £1.12 billion. Shares of Aberdeen climbed 1.7%.
E. ON SE /zigman2/quotes/205877675/delayed DE:EOAN +0.66% plans to split into two companies: one focused on renewables and a new entity focused on conventional energy. Shares of the Germany utility jumped 4.2%.
Vodafone PLC /zigman2/quotes/202484985/delayed UK:VOD +0.58% is considering a takeover bid for Liberty Global PLC /zigman2/quotes/205000522/composite LBTYA +1.24% that would create a $130 billion phone, Internet and TV company in Europe, according to a Bloomberg News report. Vodafone shares fell 2.9%. Liberty Global owns Vodafone rival Virgin Media.
Deutsche Annington Immobilien SE shares fell 2.7% as the German real-estate firm said it plans to buy rival Gagfah SA for 3.88 billion euros ($4.83 billion), a deal that will create Europe’s second-largest listed real-estate group.
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Will you be in London on Dec. 3? Then you’re invited to our MarketWatch Investing Insights event, “The Worse Europe Gets, the More You Should Invest.”
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This event is free, but RSVPs are required. It will be held Wednesday evening, Dec. 3, in London. For more information or to RSVP, send an email to firstname.lastname@example.org.