News Headline Summary

Siemens (SIE GY) says to spin off 80.5% of Osram

- Co. is to hold a 17% stake in Osram after spin-off and Siemens pension trust to hold a 2.5% stake

Reaction details (15:07)

- Co. shares moved 0.21% to the upside following the news from EUR 78.30 to EUR 78.47, before the move was pared.

28 Nov 2012 - 15:03 - Equities - Source: Newswires

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: