Siemens AG to spin off 55 percent of Siemens Energy to Siemens shareholders
Plans call for further reducing Siemens’ stake significantly within 12 to 18 months after spin-off’s effective date
Siemens AG contractually obligated to ensure Siemens Energy’s autonomy and independence
Siemens Energy to have strong capital and liquidity base; solid investment-grade rating targeted
Initial listing of new shares planned for September 28, 2020
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