Illustration 19276996 / Dirk Erck / Dreamstime
Iillustration 19276996 / Dirk Erck / Dreamstime
Illustration 60886103 / Kheng Ho To /Dreamstime

Siemens to spin off 80.5% of Osram in public offering

Nov. 28, 2012
Siemens AG, Munich, plans to spin off 80.5% of its Osram/Sylvania lighting business, followed by a public listing. A company news release said Siemens shareholders will receive one Osram share for every 10 Siemens shares. Siemens intends to remain a ...

Siemens AG, Munich, plans to spin off 80.5% of its Osram/Sylvania lighting business, followed by a public listing. A company news release said Siemens shareholders will receive one Osram share for every 10 Siemens shares. Siemens intends to remain a shareholder in Osram, and following the spinoff, Siemens AG will hold a 17% stake in Osram, and the Siemens Pension Trust will hold a 2.5% stake. Details