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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.028 | -0.03% | 93.542 | 93.25 | 93.61 | 96.36 | 91.68 | 93.50 | 5,612 | 15:15:46 |
--Siemens AG will keep a stake of 45% in its energy business, which the German engineering company plans to spin off this year, Reuters reported Monday mentioning two sources close to the matter.
--The company plans to hold 35.1% of Siemens Energy shares directly, with the remainder controlled by its pension unit, according to Reuters.
--Siemens may cut part of its holding in the business within 12 to 18 months, Reuters reported.
Full story: https://reut.rs/3gmvCMx
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(END) Dow Jones Newswires
May 26, 2020 03:19 ET (07:19 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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