(Bloomberg) -- U.K. stocks climbed, paced by Rio Tinto Group after the shares hit a record high in Australia. BHP Billiton Ltd. rose after Merrill Lynch & Co. said the company may lure private equity.
Reuters Plc climbed on speculation the company may receive a takeover approach from rival Thompson Corp. Hanson Plc advanced after Germany's HeidelbergCement AG said it may bid for the company. EMI Group Plc surged after the record company said it received several takeover offers.
Read more at Bloomberg Stocks News
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