European stock indices rise after Greece’s international creditors welcomed a reforms package proffered by the debt-laden nation, stoking hopes of a deal to stop a default and Greek exit from the euro zone within the next two days. Gaming group Ladbrokes surges in London as it discloses talks about combining with the gaming operations of private equity-backed Gala Coral. Medical devices maker Smith & Nephew rises on an upgrade from analysts at UBS, who cite margin-improvement scope, while in Switzerland Syngenta edges higher as the crop-protection group’s chairman appears to leave the door open to further discussions with thwarted suitor Monsanto.
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