Siemens to initially keep 45% in Siemens Energy after spin-off -sources
Siemensis planning to keep a 45% stake in its energy business which the German engineering group wants to spin off later this year, two people close to the matter said on Monday.Siemens plans to give its owners one Siemens Energy share for every two shares they hold in Siemens, the sources said.Siemens is planning to hold 35.1% of the Siemens Energy shares directly with a view of reducing that stake within 12-18 months, while 9.9% will be held by Siemens' pension unit, the sources said.
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