Siemens jumps after its parent company in Germany rises stake in Siemens Energy
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.
![Siemens jumps after its parent company in Germany rises stake in Siemens Energy](https://cdn.zeebiz.com/sites/default/files/2023/12/04/271297-seimens-official-take.jpg?im=FitAndFill=(1200,900))
Siemens Ltd was trading higher by 1.19 per cent, or Rs 44.55, at Rs 3798, on BSE at 9:54 am on Monday. Photo: Siemens official website/Representational