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SIEGY Siemens AG (PK)

94.15
0.15 (0.16%)
Last Updated: 16:28:42
Delayed by 15 minutes
Name Symbol Market Type
Siemens AG (PK) USOTC:SIEGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.15 0.16% 94.15 94.18 94.24 94.36 93.93 93.98 61,725 16:28:42

Siemens Acquisition of Heliox Faces UK Competition Probe

27/10/2023 7:44am

Dow Jones News


Siemens (PK) (USOTC:SIEGY)
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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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