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The pan-European STOXX 600 (STOXX) extended losses for a second session after dropping 0.4% by 0805 GMT.
Real estate (SX86P) and energy stocks (SXEP) fell the most, while tech stocks (SX8P) advanced.
Britain’s RSA Insurance (L:RSA) rose 3.8% to the top of the STOXX 600 index after the company said it had received a cash offer worth 7.2 billion pounds ($9.55 billion) from Canadian peer Intact Financial (TO:IFC) and Danish insurer Tryg (CO:TRYG).
Deutsche Boerse (DE:DB1Gn) gained 0.8% after the German stock exchange operator said it would acquire an 80% stake in corporate governance adviser Institutional Shareholder Services (ISS) for about $1.8 billion.
