Mon, Dec 04, 2023
Under the deal, Siemens AG will buy Siemens Energy's shares at Rs 2952.86/share (at a discount of 21 per cent of CMP). The company will buy the stake on or after December 8.
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Thu, Nov 16, 2023
The target marks a slowdown from the 11 per cent revenue increase the German industrial heavyweight posted for its 2023 business year, which ran to the end of September.
Wed, Nov 15, 2023
"The purchase price reflects a customary discount of 15 per cent on the 5-trading-days volume-weighted average price before the day of signing," said Siemens AG in a statement.
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