Germany's DAX Index Rises to 7-Year High; Bayer, Siemens Lead Gains

(Bloomberg) -- German stocks advanced, led by Bayer
AG, the world's largest maker of polyurethanes, on a report that
Saudi Basic Industries Corp. may pay $11 billion for General
Electric Co.'s plastics unit.

Siemens AG increased after Europe's biggest engineering
company said its supervisory board will hold an extraordinary
meeting on May 20 as the company seeks to find a new chief
executive officer after Klaus Kleinfeld resigned.


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