December 17, 2018 / 5:57 AM / 6 months ago

German stocks - Factors to watch on Dec. 17

BERLIN, Dec 17 (Reuters) - The following are some of the factors that may move German stocks on Monday:

M&A

Berlin plans to cut to 10 percent the threshold at which it can launch national security probes of stake purchases by non-European companies in German firms, business newspaper Handelsblatt reported on Sunday.

INSURANCE

Europe’s biggest insurers successfully withstood the latest tests of their ability to cope with severe market shocks, the European Union’s insurance watchdog said on Friday.

DEUTSCHE BANK

Qatar is considering increasing its stake in Deutsche Bank , Handelsblatt reported on Sunday. Deutsche declined to comment..

DEUTSCHE TELEKOM

T-Mobile US Inc and Sprint Corp believe their foreign owners’ offer to stop using Huawei Technologies equipment will help with the United States clearing their $26 billion merger deal, sources said, underscoring the lengths to which Washington has gone to shut out the Chinese company.

HENKEL

Chief Executive Hans Van Bylen said the group was sticking with its structure with three different business areas and would strengthen them with acquisitions, according to an interview in Sueddeutsche Zeitung.

VOLKSWAGEN

Talks with Ford on the two companies cooperating are progressing, though a few details still need to be worked out, the German carmaker said on Friday.

Volkswagen cancelled a supervisory board meeting slated for Thursday amid setbacks in Ford cooperation talks, two sources said.

MTU

The German aerospace company plans to buy back shares from 2020 at the earliest, the company’s finance chief said in an interview in Saturday’s Boersen-Zeitung.

UNIPER, WINTERSHALL

Germany’s economy minister said he believed the Russian-backed Nord Stream 2 pipeline can go ahead while preserving Ukraine’s vital interests, but that Berlin is also in talks to diversify its energy supply with liquefied natural gas.

DEUTSCHE BAHN

The German railway company said on Saturday that it had reached a wage agreement with the EVG union following a walkout earlier this week.

EX-DIVIDEND

KWS SAAT - 3.20 euros/shr dividend

OVERSEAS STOCK MARKETS

Dow Jones -2 pct, S&P 500 -1.9 pct, Nasdaq -2.3 pct at close.

Nikkei +0.7 pct, Shanghai stocks +0.1 pct.

Time: 5:54 GMT.

GERMAN ECONOMIC DATA

No economic data scheduled.

DIARIES

REUTERS TOP NEWS (Reporting by Berlin Speed Desk)

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