FRANKFURT, July 12 The DAX top-30 index
looked set to open 0.3 percent higher on Friday, according to
premarket data from brokerage Lang & Schwarz at 0630 GMT.
The following are some of the factors that may move German
Indicated 0.1 percent higher
Germany's Siemens has received tentative offers for the
postal automation and baggage-handling division being sold in
its effort to streamline operations and shed non-core assets,
two sources familiar with the transaction said.
Separately, an Italian paper said without citing sources
that Siemens was no longer interested in buying Finmeccanica's
energy unit Ansaldo Energia, and the Italian group
would now focus on talks with South Korea's Doosan for a sale.
Indicated 1.1 percent higher
A state-owned Qatari entity has held initial talks with
German utility RWE about buying its DEA oil and gas exploration
and production unit, the Wall Street Journal reported on
Thursday, citing two people familiar with the matter.
Indicated 1.9 percent lower
Britain's Kingfisher is interested in parts of
German home-improvement chain Praktiker, which filed for
insolvency on Thursday, Boersen-Zeitung reported, citing no
sources. Kingfisher had previously declined to comment on
whether it might be interested in any of Praktiker's stores.
Separately, Heribert Gondert, head of German DIY chain
Hagebau, told the online edition of German newspaper
Handelsblatt that Hagebau would in principle be interested in
parts of Praktiker.
HENKEL : Nomura cuts target price to 77 euros
from 78 euros
BEIERSDORF : Nomura cuts target price to 72 euros
from 73 euros
BAYER : Jefferies raises price target to 95 euros
from 94 euros
OVERSEAS STOCK MARKETS
Dow Jones +1.1 pct, S&P 500 +1.4 pct, Nasdaq
+1.6 pct at Thursday's close.
Nikkei +0.2 pct at Friday's close.
EUROPEAN FACTORS TO WATCH
REUTERS TOP NEWS
(Reporting by Marilyn Gerlach and Christoph Steitz)