AUSTRIAN STATE HOLDING COMPANY TO REDUCE STAKE IN SIEMENS

The Austrian state holding company is to reduce its stake in $1,100m-a-year Siemens AG Osterreich to 26% from 43.6%, and will initially offer the shares to a Siemens holding company in Zurich, Switzerland; it looks for between $120m and $160m from sale of the investment.

CBR Staff Writer

CBR Online legacy content

Websites in our network

Select and enter your corporate email address

Changelog

Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.

your corporate email address

Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.