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Siemens reportedly considers taking Siemens Gamesa private

A Spanish media reports that the German industrial conglomerate has hired Morgan Stanley and Deutsche Bank to analyze a full acquisition and subsequent de-listing of Siemens Gamesa.

Photo: Siemens Gamesa/Soren Kjeldgaard

Siemens is allegedly preparing to buy the remaining equity shares of Siemens Gamesa to thereby de-list the OEM from Bolsa de Madrid, reports Spanish business media Expansión, according to Bloomberg News.

Tuesday morning, this news has resulted in Spanish authorities suspending trading of Siemens Gamesa stock.

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