European shares drop amid stake sales on Wednesday

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Source: Bloomberg
Equities in Europe tumbled on Wednesday erasing the previous gains amid stake sales of private-equity owned company TDC and two companies owned by the French and Belgium government, Safran SA and BNP Paribas SA. The European benchmark Stoxx Europe 600 Index declined as much as 0.6% to 292.02 earlier on Wednesday London session after it rose by 0.4% on yesterday.

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