European shares inched higher Monday, a day that is anticipated to see thinner volumes because of public holidays in both the United States and the United Kingdom.

The Stoxx Europe 600 climbed 0.3% to 342.73, getting a lift from record highs attained in US markets on Friday. US profits were followed up by Asia overnight.

Shares of French IT services company Bull SA rallied 21% following the Atos SE offered $844 million to acquire its smaller counterpart. Italian banks were also among the huge gainers, assisting to push the FTSE MIB Italy index up almost 3% to 21,335. Union di Banche Italiene Scpa leaped above 6%.

The German DAX 30 index bounced 1% to 9,865.89, following a poll showed the economic outlook of consumers is improving. The French CAC 40 index increased 0.5% to 4,515.63 and the Spain IBEX 35 index rose 0.7% to 10,635.90.

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