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SIEGY Siemens AG (PK)

93.542
-0.028 (-0.03%)
Last Updated: 15:15:46
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
  -0.028 -0.03% 93.542 93.25 93.61 96.36 91.68 93.50 5,612 15:15:46

Siemens to Keep 45% Stake in Siemens Energy After Spin-Off -Reuters

26/05/2020 8:34am

Dow Jones News


Siemens (PK) (USOTC:SIEGY)
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From May 2019 to May 2024

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--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

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

May 26, 2020 03:19 ET (07:19 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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