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Siemens Plans IPO to Spin Off Osram but Will Retain Key Stake

The announcement by Siemens that it plans to publicly list its lighting subsidiary Osram GmbH in the fall of 2011 but retain a minority stake in the company as a “long-term anchor shareholder,” put to rest for the time being the speculation that it wanted to get out of the lighting business.

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TAGS: Economy
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