We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 96.97 | 96.63 | 98.15 | 0.00 | 14:15:01 |
By Mauro Orru
Siemens AG (SIE.XE) said on Friday that it has signed an agreement through its local subsidiary Siemens Ltd. (500550.BY) to acquire New Delhi-based C&S Electric Ltd.
The German engineering conglomerate said it would acquire approximately 99% of C&S Electric Limited for roughly 267 million euros ($295.6 million).
"The addition of C&S Electric's products, sales network, manufacturing units and a highly competent employee base will complement and strengthen the range of Siemens' offering," said Sunil Mathur, managing director and chief executive at Siemens Ltd..
Siemens added that C&S Electric has more than 5,000 employees.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
January 24, 2020 08:51 ET (13:51 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Siemens (PK) Chart |
1 Month Siemens (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions