Global Market: European shares steady as investors track deal activity; easyJet jumps on takeover proposal

European shares held steady as dealmaking took center stage, with a potential takeover of easyJet by Castlelake boosting travel stocks. Declining oil prices also supported sentiment, though geopolitical tensions remain a concern. Ferrari’s new manual gearbox sports car launch pleased enthusiasts, while Thales’ drone acquisition plans were noted. Investors are cautiously weighing corporate news against ongoing global uncertainties.

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