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SIE Siemens AG

177.92
0.70 (0.39%)
08:15:26 - Realtime Data
Share Name Share Symbol Market Type
Siemens AG TG:SIE Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.70 0.39% 177.92 177.80 177.82 178.16 176.82 177.02 3,010 08:15:26

Siemens Acquisition of Heliox Faces UK Competition Probe

27/10/2023 7:44am

Dow Jones News


Siemens (TG:SIE)
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From May 2023 to May 2024

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By Michael Susin

 

The U.K. Competition and Markets Authority said it has launched an investigation regarding the acquisition of Heliox by a Siemens subsidiary.

The watchdog said that it will consider if the deal made by Siemens International Holding for the Netherlands-based electric-vehicle charging specialist may result in a substantial lessening of competition.

The CMA has invited for comments by Nov. 10, while the first-phase decision of has a deadline of Dec. 22.

 

Write to Michael Susin at michael.susin@wsj.com

 

(END) Dow Jones Newswires

October 27, 2023 02:29 ET (06:29 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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