Good and Bad News Keeps European Markets Mixed, Peppa Pig's Farmyard Grows

June 2, 2014

European markets mixed, as better purchasing manager index figures from China and parts of Europe, balanced poorer economic figures in Eurozone heavyweights Germany and France. Mining stocks rise on hopes China's slowdown may be coming to an end. Spain's best purchasing manager index figure in four years boosts mood, although King Juan Carlos announces abdication. But Germany and France struggle to maintain momentum. Outside the Eurozone, Britain is doing well. French private equity firm Eurazeo considers floating Elis – a supplier of fresh linen and towels to hotels and restaurants. Company could be valued at $4 billion. Canadian distributor of children's favorite Peppa Pig, Entertainment One, buys fellow Canadian TV and film company Phase 4.