Renk rises after media report on potential sale of civilian biz

** Renk R3NK rises around 5% after a Bloomberg report said the German defence contractor considers selling it civilian industrial unit, or part of it, to focus on the defence business

** "Any move to focus further on the defense end-market and VMS division should be taken positively," analysts at Jefferies say

** Renk declined to comment when contacted by Reuters

** Up to Tuesday's close, Renk shares were up 279% YTD, benefitting from a rally in defense stocks as European nations have pledged higher investments in the sector