Some German companies are making big deals today and German stocks prices are expected to rise as a result.
Conglomerate said that it’s going to buy an American company that makes oil equipment for 7.6 billion dollars. This should help greatly in their gas and oil business in North America.
Another big move today is the separation of Bosch and Siemens. Siemens announced that it’s going to sell their 50% share of the company to Bosch for 3 billion euros.
Today is probably a good day to invest in the German market.
