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June 21 (Reuters) - European shares opened lower on
Friday, with technology shares at the helm of the selloff, while
Danish brewer Carlsberg Group slumped after British soft drinks
maker Britvic ( BTVCF ) rejected its $3.9 billion revised takeover
proposal.
The pan-European STOXX 600 was down 0.2%, as of
0715 GMT, with the technology sub-index losing 0.6%
after rising nearly 2% in the previous session.
The construction and materials sector slipped 0.7%,
while retail shed 0.5% as British discount chain B&M
fell 1.8% after Morgan Stanley lowered its rating to
"underweight" from "equal-weight".
The European benchmark was still on track for modest weekly
gains, following a more than 2% drop last week when markets were
rattled after French President Emmanuel Macron had called for a
snap parliamentary election.
Among other stocks, Denmark's Zealand Pharma,
jumped 23.1% after an early-stage study showed a high dose of
its drug helped reduce weight by an average 8.6% after 16 weekly
doses.
Carlsberg Group dropped nearly 6% after Britvic ( BTVCF )
rejected its takeover bid, citing that the proposal
"significantly undervalued" the group and its prospects. Shares
of Britvic ( BTVCF ) jumped 14.4%.