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
Siemens AG has today published key details of the spin-off of its energy business, together with the invitation to the Extraordinary Shareholders’ Meeting on July 9, 2020. Issuance of the spin-off report marks another key milestone
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