U.K. stocks bounced higher Monday, climbing alongside other European equities on renewed hopes that a standoff between debt-laden Greece and its creditors will soon be broken.

The FTSE 100 UKX, -3.37% tacked on 1.7% to end at 6,825.67, logging its strongest session in more than six weeks as all sectors were lifted.

European stocks SXXP, -3.24% rallied Monday as Greek and European officials met in a series of meetings aimed at pulling Greece away from the brink of default and the possibility of the country leaving the eurozone. The Greek government on Sunday proposed some last-ditch offers to its creditors, including tax increases and spending cuts to hit budget targets. An emergency meeting of eurozone finance ministers ended Monday without a debt deal, but Eurogroup President Jeroen Dijsselbloem was optimistic an agreement may be struck later this week.

“Our base case scenario is for a last minute deal to be reached between Greece and its creditors, with Greece making the majority of concessions,” said Mizuho strategist Sireen Harajli in a note. “However, recent rhetoric from Greek policy makers as well as the International Monetary Fund point to the wide gap in views on what constitutes a fair deal. This means we cannot rule out the possibility of a default followed by Greece leaving the eurozone.”

Read: Decision day for Greece — analysts upbeat on deal prospects

In London equity trading, Sky PLC UK:SKY gained 3.5%, the largest rise since April 21, according to FactSet data. The jump followed a Sunday Telegraph report the Murdoch family may be considering another attempt to gain full control of the broadcaster. The speculation arose after the family turned down approaches from Vodafone PLC VOD, -4.08% and Vivendi SA VIV, -2.64% for its stake in Sky, according to the report.

Carnival PLC CCL, -5.67% climbed 3.8% following an ratings upgrade to buy from hold at Deutsche Bank. The cruise-ship operator is slated to report financial results on Tuesday.

Aggreko PLC AGK, -5.05% shares rose 1.5% after the temporary power provider said it will reorganize into two business units.

Shares of only four companies on the FTSE 100 ended lower. Miners Randgold Resources Ltd. UK:RRS and Fresnillo PLC FRES, -4.24% , fell 1.9% and 1.3%, respectively. Hikma Pharmaceuticals PLC HIK, -2.41% lost 1.9% and energy-engineering company Weir Group PLC WEIR, -6.40% slipped 0.3%.

Off the main index, Thorntons PLC UK:THT leapt 42.8% to £1.45 ($2.29) after the British chocolate maker received a £112 million takeover bid from a unit of Italy’s Ferrero International. Thorntons’s board has unanimously backed the offer, which represented a roughly 43% premium to Thornton’s closing price on Friday.

While the prospects for Thorntons as an independent company “remain strong,” the board “also recognizes the potential benefits to the brand and the business” in closing a deal with Ferrero, Thorntons Chairman Paul Wilkinson said in a statement.

Thorntons in March said trading conditions in the U.K. remained difficult into the second half of the year.