Meanwhile, shares of SAP wavered during trade, finishing slightly lower, after the software firm warned late on Friday that its first-quarter results would be weaker than expected. This dragged down the STOXX 600 technology sector, which was one of the only sectors to close in the red.
Also weighing on the sector was the slide in the share price of Gemalto — off 3 percent — after Credit Suisse cut its price target for the stock and put an "underperform" rating on the stock. The chipmakers including ARM and Dialog Semiconductor both ended more than 1 percent lower.
Elsewhere, food and beverage firm Nestle fell near the bottom of Europe's benchmarks, slipping some 3.4 to 3.5 percent, as its shares went ex-dividend.
Daily Mail's parent is in talks with private equity firms for a possible bid for Yahoo. A DailyMail.com spokesman told CNBC on Monday that while discussions were at a "very early stage", there was no certainty that any transaction would take place. Shares in Daily Mail and General Trust closed down 0.6 percent on Monday.