The Durr Group (DUERF.PK), a German mechanical and plant engineering firm, said that it has signed a deal to acquire BBS Automation Group. Durr expects the deal to further expand its automation technology business.
German stocks rose on Tuesday after data showed Germany's consumer price inflation eased further in May to the lowest level in more than a year, as initially estimated.
The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to extend the upward move seen over the course of the previous session.