European stock futures climbed, indicating the Stoxx Europe 600 Index will extend its biggest two-day rally in almost 11 months, as global equities gained. U.S. futures also advanced. Repsol SA may move after its board rejected a $3.5 billion offer by Argentina to compensate the company for the expropriation of a stake in YPF SA last year. IAG SA may decline as Bankia SA said it will sell its 12.1 percent holding in the owner of Iberia. Subsea 7 SA may also be active after saying full-year earnings won’t “show progress” from 2012. Futures on the Euro...
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