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April 25 (Reuters) - European stocks slipped on Thursday

following mixed earnings from blue-chip companies such as Nestle

and Deutsche Bank, while big M&A news in the mining sector

powered Britain's FTSE 100 to fresh highs.

The pan-European STOXX 600 index dipped 0.24% by

0745 GMT, hurt by losses in food and beverage and

industrial good sectors.

Tech stocks came under pressure after an underwhelming

revenue outlook from U.S. social media giant Meta Platforms ( META )

overnight.

STMicroelectronics dropped 2.9% after the

chipmaker lowered its full-year sales guidance. Dutch chipmaking

parts supplier BE Semiconductor also dropped nearly 3%

after it missed first-quarter order expectations.

Nestle dropped 4% after the world's biggest

packaged food company missed first-quarter organic sales growth

estimates.

Deutsche Bank slipped 0.7% while BNP Paribas

edged up after the euro zone's biggest lenders posted

upbeat first-quarter profits.

Britain's FTSE 100 touched a record high as miner

Anglo American surged on a buyout offer from BHP Group ( BHP )

.

Spain's main index rose 0.1% after the country's

Prime Minister Pedro Sanchez said he would briefly step back

from public duties to decide if he wants to continue leading the

government after a court launched a business corruption probe

into his wife's private dealings.

(Reporting by Johann M Cherian in Bengaluru; Editing by Mrigank

Dhaniwala)