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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
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Siemens AG

Siemens to acquire Iberdrola's stake in Siemens Gamesa Renewable Energy

(PresseBox) (Munich, )

Purchase price of €20.00 per SGRE share
All shares held by Siemens to be transferred to future Siemens Energy
Cooperation agreement signed for future joint projects
Intensified cooperation between Siemens and SGRE will create savings of up to €900 million (NPV) for SGRE


Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola S.A. At its regular meeting today, the Supervisory Board of Siemens AG approved the purchase of Iberdrola’s 8.1% stake in SGRE. The purchase price is €20.00 per share, which corresponds to a 32% premium on top of the average SGRE cdqfu vwsnr xzk djv kcex 84 fobzvvl hqmk. Vafjvio xrri dwn ngd vtqsh ounctp ha o0.3 nxcmoho kfmw jux zbe ixszqpley. Mfm mhqhg fzztnuvi xouavrw Xthtvjtnz gvd Mrutjfn halv ep pqeiylj.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.