(Bloomberg) -- European stocks rose for a second day after ABN Amro Holding NV said banks including Royal Bank of Scotland Group Plc may offer to buy the company and Royal Philips Electronics NV reported profit that beat analysts' estimates.
ABN Amro shares jumped to a record high after banks said they may compete to acquire the company. Royal Bank of Scotland and ING Groep NV also gained.
Read more at Bloomberg Stocks News
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