German Stocks Decline, Led by MAN AG, Siemens; GPC Biotech Plummets

(Bloomberg) -- Germany's DAX Index dropped for a
second day, paced by Siemens AG after the engineering group
agreed to buy medical-scanners maker Dade Behring Holdings Inc.
for $7 billion ($9.6 billion) and sell its VDO automotive unit.

GPC Biotech AG plunged after a U.S. panel recommended
delaying a decision on its experimental prostate cancer drug by
at least a year. Fresenius Medical Care AG and DaimlerChrysler
AG paced rising shares.


Read more at Bloomberg Stocks News