Investors looking for big merger-driven gains on Europe's stock markets this year are having to temper their expectations after a number of multi-billion euro deals have fizzled out.Traders and investors remain optimistic that overall merger activity will increase, spurred by Europe's gradual economic recovery. European merger volume has already nearly doubled over the last year, according to Thomson Reuters data.But a string of botched takeovers in the past few weeks has made traders and investors more sceptical of the potential for M&A-fuelled share-price rewards - especially for big deals that carry increased political and execution risk."The mega-deals are proving ever more difficult, as the politicians get involved," Rupert Baker, an equity sales executive at Mirabaud Securities, said.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.43% or $-0.15/share to $34.69. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 772739 shares of TRI exchange hands on a given day and today's volume is recorded at 815355.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.42% or $-0.16/share to $37.59. In the past year, the shares have traded as low as $33.08 and as high as $42.10. On average, 749109 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1524870.
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