European stocks fell on Tuesday, led by exporters including German carmaker BMW and luxury makers including Burberry and LVMH Moet Hennessy Louis Vuitton on China’s surprise currency devaluation, as an unexpected fall in German investor confidence stoked concerns about the pace of recovery in Europe’s largest economy. In Amsterdam, insurer Delta Lloyd slumped as a decline in its solvency ratio overshadowed strong commercial and operational results. In Helsinki, deal momentum lifted crane maker Konecranes Oyj on an agreement to merge with Westport, Conn.-based Terex Corp. The all-stock deal will create a new global giant with $10 billion in combined 2014 sales.
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