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Siemens Energy plans bid for remaining Siemens Gamesa stake – sources
2022.05.18 08:37
FILE PHOTO: A model of a wind turbine with the Siemens Gamesa logo is displayed outside the annual general shareholders meeting in Zamudio, Spain, June 20, 2017. REUTERS/Vincent West
FRANKFURT (Reuters) – Siemens Energy is preparing a bid to buy the remaining third of Spanish-listed wind turbine maker Siemens Gamesa it does not already own, two people familiar with the matter said.
The stake is currently worth 3.14 billion euros ($3.31 billion).
Bloomberg first reported the news.
A spokesperson for Siemens Energy declined to comment.
Sources told Reuters earlier this year that Siemens Energy is looking at options for how to best acquire the remaining stake, adding a deal could materialise by summer.
($1 = 0.9497 euros)
