Siemens sells 6% of its shares in Siemens Energy to fund Altair deal – Bloomberg

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Facade of the Siemens building in Velizy-Villacoblay, France

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  • Siemens AG (Otkbk: SijiIt plans to sell a €2.5 billion ($2.6 billion) stake in Siemens Energy AG (otcpk:smgf) to help finance the $10.6 billion purchase of software maker Altair Engineering (last).
  • Siemens (Otkbk: Siji(You want to sell a stake of about 6% in Siemens Energy)



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