FRANKFURT, May 28(Reuters) - The following are some of the factors that may move German stocks on Wednesday:
ALLIANZ
The insurer's Pacific Investment Management Co unit on Tuesday said it had rehired Paul McCulley, a former portfolio manager and top U.S. Federal Reserve watcher at the bond giant, the latest reshuffle after the high-profile departure of former chief executive Mohamed El-Erian.[ID: nL1N0OD11W]
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SIEMENS
Germany's Siemens hopes to submit a formal asset swap offer to France's Alstom by June 16 at the latest, in a deal that would create two European industry champions, the head of Siemens France said on Tuesday.
Separately, Siemens could sell a 50 percent stake in household goods company BSH to private equity or rival Samsung, if partner Bosch does not agree to buy it soon, German paper Frankfurter Allgemeine Zeitung said.
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AIRBUS
Shareholders approved the name change to Airbus from EADS at the company's annual general meeting.
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HUGO BOSS
Permira is selling a 5.6 percent stake in Hugo Boss, the latest step by the private equity house to exit from its investment in the German fashion retailer. As a result of the placement, the free float of Hugo Boss AG will increase to around 48 percent of the share capital.
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OSRAM
German lighting company Osram Licht on Tuesday said it could not meet its goal of revenue growth exceeding 3 percent in the fiscal year. Osram now expects revenues to either remain at last year's level, or to increase moderately for the current fiscal year.
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CTS EVENTIM
Q1 results due. The company released preliminary figures on May 12, saying earnings before interest, tax, depreciation and amortisation (EBITDA) increased 12.1 percent to 32 million euros on revenue of 150.4 million euros.
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KOENIG & BAUER
The printing press manufacturer said Chief Financial Officer Axel Kaufmann would leave the company to pursue new professional challenges and said it had appointed Mathias Daehn to replace him.
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ENBW
ENBW issued a 500 million euros bond to refinance its debt.
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ANNUAL GENERAL MEETINGS
GRAMMER - 0.65 eur/shr proposed
KOENIG & BAUER - no dividend proposed
KUKA - 0.30 eur/shr proposed
QSC - 0.10 eur/shr proposed
VOSSLOH - 0.50 eur/shr dividend proposed
EX-DIVIDEND
DEUTSCHE POST - 0.80 eur/shr dividend
PORSCHE - 2.01 eur/shr dividend
OVERSEAS STOCK MARKETS
Dow Jones up 0.4 pct, S&P 500 up 0.6 pct, Nasdaq up 1.2 pct at Tuesday's close.
Nikkei up 0.3 pct at 0459 GMT.
GERMAN ECONOMIC DATA
German import prices for April due at 0600 GMT. Seen up 0.1 percent versus previous month after falling 0.6 percent in March. Seen down 2.2 percent year on year after a 3.3 percent drop the previous month.
May unemployment data due at 0755 GMT. Seasonally adjusted unemployment rate seen at 6.7 pct, unchanged from April.
EUROPEAN FACTORS TO WATCH
DIARIES
REUTERS TOP NEWS (Reporting by Kirsti Knolle, Edward Taylor and Victoria Bryan)