Monday Morning View from Europe

by: Dealing Floor

From DealingFloor:

** TRADING HEADLINES **

- Linde Agrees to Buy BOC for $14 Billion to Become World’s Biggest Gasmaker
- Bayer Fourth-Quarter Earnings Fall 32 Percent on U.S. Litigation Provision
- Generali, Seeking to Boost Profit 50 Percent, to Buy Back Shares in Units
- European Stocks Might Gain; Oil Shares May Rise on Lehman Recommendation
- Bank of England Will Probably Keep Main Rate at 4.5 Percent, Survey Shows
- European Stocks’ Rally to 4 1/2-Year Highs May End as Interest Rates Rise
- OPEC Plans to Keep Production at Two-Decade High on Nigeria, Iran Concern

** IN PLAY TODAY **

- Earnings of note: Rodamco Europe, Bayer, Linde and HSBC.

- Linde AG, Germany’s largest maker of industrial gases, will pay 12.4 billion
euros for British gas supplier BOC Group Plc, German newspaper Die Welt reported
today, citing people familiar with the talks. Further Linde said Monday it
continued successfully on its earnings-based growth course in 2005 as it
presented a positive outlook for the current year. “We became significantly
stronger in fiscal 2005″, said Professor Wolfgang Reitzle, President of the
Executive Board of Linde AG on the publication of the financial statements. “We
have achieved our objectives in full and are very confident about the tasks
which lie before us. We expect group sales and earnings in the current fiscal
year 2006 to once again exceed the prior year figures.