News: IMM German stocks - Factors to watch on June 1

BERLIN/FRANKFURT, June 1 (Reuters) - The following are some of the factors that may move German stocks on Tuesday:

CORONAVIRUS Germany reported 1,785 new infections and 153 more deaths.

VOLKSWAGEN VOWG_p.DE Former Volkswagen chief Martin Winterkorn has agreed to pay around 10 million euros ($12.2 million) in damages to the carmaker over the diesel emissions scandal, Business Insider reported on Monday.

LUFTHANSA LHAG.DE The airline group deems legitimate a proposal by Finance Minister Olaf Scholz for minimum air fares, an executive told the Funke publishing group.

MUNICH RE MUVGn.DE Munich Re Ventures, an arm of the German insurance group, took part in the latest funding round of pet insurer Bought By Many, The Financial Times reported.

MERCK MRCG.DE Australian biotechnology company Immutep (IMM) said it had entered a collaboration with Merck KGaA for clinical trial in patients with tumours.

DAIMLER Around 3,500 Daimler employees accepted the company's severance pay package, Business Insider reported, as the carmaker cuts jobs and costs to increase investment in e-mobility and vehicle software.

TLG IMMOBILIEN TLGG.DE The real estate firm increased its stake in WCM Beteiligungs- und Grundbesitz-Aktiengesellschaft WCMKk.DE , WCM said on Monday.

TECH Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called "insurtech" company that valued the business at $3 billion.

ANNUAL GENERAL MEETINGS DEUTSCHE WOHNEN DWNG.DE - 1.03 eur/shr dividend proposed FRAPORT FRAG.DE - 0 eur/shr dividend proposed PROSIEBENSAT PSMGn.DE - 0.49 eur/shr dividend proposed SMA SOLAR TECHNOLOGY S92G.DE - 0.30 eur/shr dividend proposed

ZEAL NETWORK TIMAn.DE - 0.90 eur/shr dividend proposed

OVERSEAS STOCK MARKETS US markets closed. Nikkei .N225 -0.5%, Shanghai stocks .SSEC -0.1%.

Time: 4:55 GMT

ECONOMY German May Markit/BME manufacturing PMI due at 0755 GMT. Seen 64.0.

German May unemployment due at 0755 GMT. Change seen at -9k, rate seen at 6.0%.

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