European shares steady as M&A optimism offsets French political turmoil

European shares remained stable. Merger deals provided initial optimism. This offset political uncertainty in France. Francois Bayrou’s ouster impacted market sentiment. Anglo American’s shares rose after merger with Teck Resources. Monte dei Paschi di Siena’s shares increased following data. Mediobanca’s shares also saw gains. Investors are watching President Emmanuel Macron’s choice for prime minister.