European futures are marching higher on Monday, catching a lift from Asia where an election landslide in Japan over the weekend sent Tokyo stocks to all-time highs.

Euro STOXX 50 futures, DAX futures, and FTSE are all up 0.4%. Novo Nordisk shares rose 4.5% in Frankfurt, following news over the weekend that online telehealth company Hims & Hers will stop offering its cheap GLP-1 pill after the U.S.' Food and Drug Administration said it would take action against it.

In earnings, Italy's UniCredit has hiked its profit outlook. In M&A news, a consortium led by holding firm Advent and FedEx has agreed to buy parcel locker company
InPost in a $9.2 billion deal.

Sky News reported that NatWest is closing in on a 2.5 billion pound takeover of Evelyn Partners. Meanwhile, Anglo American is selling diamond unit De Beers, with Angola pursuing a 20%-30% stake, a senior official from Angola's mining ministry told Reuters on Sunday.