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European shares up, Unilever and Pearson weigh on FTSE - For more see the European equities LiveMarkets blog

LONDON, Feb 20 (Reuters) - Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets


Summary:

**STOXX remains close to 13-month peak

**Unilever's slump after Kraft walks away weighs

**Deutsche Telekom lifts sector on US wireless merger hopes

**French, Italy banks lag positive banking sector; RBS up

**Pearson among most-shorted stocks ahead of earnings

**Volumes seen thin as U.S. markets closed for holiday

(Reporting by Helen Reid)