News Headline Summary
Siemens (SIE GY) present further details on planned spin-off of Osram on 28th November according to sources
- Sites outside Germany to be most affected.
- Restructuring to cost about EUR 500mln.
- Both companies decline to comment.
- Siemens shares unaffected by the news, last trade at EUR 77.58 (-0.03%).
14:43, 22 Nov 2012 -
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis