By Barbara Kollmeyer
MADRID (MarketWatch) -- European stocks were marginally higher in early trade on Friday with banks, oil stocks and miners moving higher and a smattering of deal news in focus. Shares of U.K.-based Dana Petroleum (UK:DNX 1,794, +99.00, +5.84%) rose 5.4% after the Korea National Oil Company launched a hostile bid for the group on Friday. Shares of U.K. pub operator Mitchells & Butlers (UK:MAB 291.70, -4.10, -1.39%) rose 1% on news it'll sell 333 non-core pubs. Among miners, BHP Billiton (UK:BLT 1,820, +9.50, +0.53%) (BHP 67.35, -0.83, -1.22%) rose 1.1%. The U.K. FTSE 100 index rose 0.2% to 5,220.67, the French CAC 40 index climbed 0.2% to 3,578.76 and the German DAX 30 index was flat at 6,075.81.