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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.73 | 1.73% | 101.49 | 101.35 | 101.60 | 101.59 | 100.39 | 101.05 | 109,662 | 21:59:00 |
From Nov 2023 to May 2024
By Elena Vardon
The acquisition of Heliox by a Siemens subsidiary has been cleared by the U.K.'s Competition and Market Authority.
The regulator said on Friday that the planned merger between a subsidiary of the German industrial company--Siemens International Holding--and the Netherlands-based electric-vehicle charging specialist doesn't qualify for investigation.
The watchdog had opened an investigation in late October to determine whether the deal would result in a substantial lessening of competition. Both groups operate in the e-mobility charging landscape.
Siemens said in August that it would buy Heliox from Waterland, without disclosing financial details.
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
December 01, 2023 02:38 ET (07:38 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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