China's antitrust regulators placed pressure to thirty foreign firms as they seek confessions for antritrust violations on a closed-door meeting held last July 24 and 25.
Sources said Siemens is selling water technologies unit to private equity firms.
Siemens announced a USD 966.8 million order from Saudi Aramco, the state-owned oil company of the Kingdom of Saudi Arabia.
Siemens will gain EUR400 million from selling stakes in Nokia Siemens Networks.
Thiess revealed that it bought the 50% stake of its joint venture partner Siemens in Silcar.
Peter Loescher, the first outsider to lead the company will be leaving Siemens soon.
Osram price dropped by 4% on first trading day.
According to a report by German magazine Wirtschaftswoche, Siemens and Stadler are planning to form a joint venture.
Siemens admitted it did not have the capacity to produce 600 carriages that resulted to its withdrawal on the bidding war.
JP Morgan led the Eur1.2 billion out of the Eur1.7 billion that Nokia will pay to acquire 50% Siemens’ stake in Nokia Siemens Network.
Finland based Nokia bought Siemens AG’s stake in the telecoms-equipment venture company priced at Eur1.7 billion.
Noki Oyj agreed to buy the stakes of Siemens AG in the Nokia Siemens Network according to sources.
Joint venture partners of Nokia Siemens Network is now open for bids for its shares.
Siemens to close Solel, its solar energy unit after failing to sell off the business.
Mergers under review by the European Commission and a brief guide to the EU merger process.
Subscribe to VCpost newsletter
Most Popular
- Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
- Xi Jinping Warns Dutch PM That 'No Force' Can Stop China's Technological Advancement Amid Export Restrictions
- Businessman Brutally Murdered Allegedly by 4 of His Workers Who Swung an Axe Into His Head
- Taylor Swift Reaches Her Billionaire' Era,' Joining Elon Musk and Jeff Bezos on the List of World's Wealthiest People
- Social Security Benefits to Increase for Some Seniors After Addressing Overpayment Issues
- Disney Investor Nelson Peltz Criticizes the Company’s 'Woke' Strategy, Questioning 'Black Panther' and 'The Marvels' Films
- Major AI Companies Unite to Create the World's First Artificial Superintelligence Alliance Worth $7.6 Billion
- North Korea Refuses Peace Talk With Japan Unless They Confront Their 'Brutal' History; Business Relations at Risk