Deutz shares fall following 131 mln euro boost for Sobek purchase

Deutz AG

09/09/2025 08:55

** Shares in vehicle parts manufacturer Deutz DEZG.DE slip 4.37% to the bottom of Germany's small-cap index .SDAXI as analysts point to capital increase through accelerated book-building

** The capital increase of over 131 mln euros was undertaken to finance the acquisition of drone company Sobek, the company said

** The move increases Deutz's share capital by 10% and Stifel points out shares will have full dividend rights

** Deutz had pre announced a capital increase when announcing the takeover of Sobek, a local trader says

** Shares in Deutz were up 146.3% year-to-date at yesterday's close

 (Reporting by Bernadette Hogg)

 ((bernadette.hogg@thomsonreuters.com))