Daimler, KHD Humboldt Wedag, SAP: German Equity Market Preview

The following is a list of companies whose shares may have unusual price changes in Germany. Stock symbols are in parentheses and share prices are from the previous close.

Daimler AG (DAI GY): Mercedes-Benz Auto Lease Trust sold $1.09 billion of debt backed by auto leases, according to a person familiar with the offering, who declined to be identified because terms aren’t public. Daimler also offered to sell half its stake in European Aeronautic, Defence & Space Co. to the German government, the Financial Times reported, citing two people familiar with the situation. The shares fell 4.4 percent to 53.54 euros.

KHD Humboldt Wedag International AG (KWG GY): The designer of industrial plants and equipment said it successfully concluded its capital increase. The company’s share capital was increased by 16.6 million euros ($22.5 million) to 49.7 million euros, the company said. The stock rose less than 0.1 percent to 8.05 euros.

SAP AG (SAP GY): SAP’s business environment is “strong,” Bill McDermott, the software maker’s co-chief executive, said on Bloomberg Television’s “In the Loop." The shares rose 1.4 percent to 44.45 euros.

To contact the reporter on this story: Rainer Buergin in Berlin at rbuergin1@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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