Siemens AG (SI) to Slice More Jobs at Osram, Eyes $1.3B in Savings
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Siemens AG (SI) Proposes to Spin-Off 80.5% of Osram Stake
November 28, 2012 11:38 AM ESTThe Supervisory Board and Managing Board of Siemens AG (NYSE: SI) intend to propose to the Annual Shareholders Meeting a spinoff of 80.5 percent of Osram activities followed by Osrams public listing. In course of this transaction, Siemens shareholders are to receive one Osram share... More
