European stock indices are mixed, with mainland gauges ceding some of yesterday’s strong gains, led by Frankfurt, where a closely watched measure of financial market protagonists’ confidence disappoints. Luxury goods maker Hugo Boss moves higher – then retreats – after buyout firm Permira sell its remaining 12% stake. In London BHP Billiton outlines plans for the company to be created from the spinoff of its unwanted mining assets, and food retailer Sainsbury rises on relief that a quarterly revenue decline wasn’t even worse. Laura Board reports from London.
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