BERLIN/FRANKFURT, March 27 (Reuters) - The following are
some of the factors that may move German stocks on Wednesday:
DAIMLER DAIGn.DE
Daimler AG is nearing the sale of a 50 percent stake in its
small-car brand Smart to China's Geely Automobile Holdings Ltd
0175.HK , the Financial Times said on Tuesday, citing three
people familiar with the matter. urn:newsml:reuters.com:*:nL3N21D3WS
Volkswagen VOWG_p.DE
German carmaker Volkswagen and Amazon.com Inc AMZN.O have
agreed on a strategic partnership to create a kind of "industry
cloud", for which details will soon be announced, Germany's
Sueddeutsche newspaper reported on Wednesday. urn:newsml:reuters.com:*:nFWN21E036
BAYER BAYGn.DE
Soy producer associations in 10 Brazilian states have filed
a legal petition to join with growers from Mato Grosso state and
get Bayer to deposit royalties related to a soy seed technology
into an escrow account, according to a document seen by Reuters.
urn:newsml:reuters.com:*:nL1N21D1XJ
Separately, a lawyer for a man who said his cancer was
caused by Bayer AG's glyphosate-based weed killer Roundup on
Tuesday urged U.S. jurors to "send a message" to the company by
holding it liable and awarding millions in damages. urn:newsml:reuters.com:*:nL8N21C6AR
DEUTSCHE BANK DBKGn.DE COMMERZBANK CBKG.DE
German Finance Minister Olaf Scholz on Tuesday rejected
accusations that he was pressuring Deutsche Bank and Commerzbank
to merge, adding that the government was in talks with the
country's two largest lenders so it could intervene if needed.
urn:newsml:reuters.com:*:nL8N21D6X8
Separately, union bosses have warned Deutsche Bank's top
management that they will scupper the integration of Postbank,
which it bought nearly a decade ago, if a merger with
Commerzbank goes ahead, the Financial Times reported on
Wednesday.
LUFTHANSA
Lufthansa plans to buy a triple-digit number of either
Boeing BA.N 737 MAX or Airbus AIR.PA A320neo jetliners to
expand its fleet, Chief Executive Carsten Spohr said on Tuesday.
urn:newsml:reuters.com:*:nL1N21D198
Merck KGAA
Versum Materials VSM.N , the former speciality chemicals
division of industrial gases group Air Products APD.N , said
its board was reviewing the takeover offer of German pharma
group Merck KGaA and would inform its shareholders about the
board's formal position within 10 business days. urn:newsml:reuters.com:*:nL8N21D2X1
BMW BMWG.DE
German carmaker BMW will begin Chinese production of
electric cars in 2021 with Great Wall Motor 601633.SS , Nikkei
Asian Review reported. urn:newsml:reuters.com:*:nFWN21D0SU
STABILUS SA STAB.DE
The company on Tuesday said it appointed Michael Buechsner
chief executive officer. urn:newsml:reuters.com:*:nASM0015IH
COMMERZBANK CBKG.DE
Annual report due
STROEER SE SAXG.DE
Q4 results due
HAMBORNER REIT HABG.DE
Q4 results due
INDUS HOLDING INHG.DE
Q4 results due
SGL CARBON SGCG.DE
Q4 results due
HAMBURGER HAFEN HHFGn.DE
Q4 results due
European Central Bank
European Central Bank President Mario Draghi, vice president
Luis de Guindos and chief economist Peter Praet speak at The ECB
and Its Watchers conference.
OVERSEAS STOCK MARKETS
Dow Jones .DJI +0.6 pct, S&P 500 .SPX +0.7 pct, Nasdaq
.IXIC +0.7 pct at close. .N
Nikkei .N225 -0.4 pct, Shanghai stocks .SSEC +0.2 pct.
.T .SS
Time: 6:00 GMT.
GERMAN ECONOMIC DATA
No economic data scheduled.
EUROPEAN FACTORS TO WATCH WATCH/EU
DIARIES DE/DIA WEU/EQUITY
REUTERS TOP NEWS TOP/NEWS
(Reporting by Berlin Speed Desk and Frankfurt Newsroom)
((frankfurt.newsroom@thomsonreuters.com; +49 30 2888 5169))