Questionable about the time of the Siemens Energy IPO
Berlin (ots) – Supervisory boards warn of “quick strategy for everyone
Price “
Berlin, April 15, 2020 – Siemens is officially on schedule for the
Spin-off
the power plant division, but the supervisory board is giving in
Information of the
Business magazine ‘Capital’ (edition 5/2020, EVT April 16)
more voices,
who warn of the risks of a “quick-fix strategy at all costs”.
If necessary
you have to postpone the IPO in September. On top of that
the
Power plant business that was going badly before the Corona crisis
the last
Weeks has collapsed. Therefore the “stock market story”
for Siemens
Energy can hardly hold anymore, it is said from the environment of the
Supervisory board.
Outgoing Siemens boss Joe Kaeser, on the other hand, wants the spin-off
of
30 billion euro business with turbines and wind turbines on 9
July on
to approve an extraordinary general meeting of the parent company
to let.
According to the German Stock Corporation Act, this would have to be done in early June
be what
appears questionable given the Corona crisis. The legally new
created
Possibility of a virtual general meeting is however “with
significant
legal risks “.
Press contact:
Joachim Haack
G + J communication and marketing CAPITAL
c / o PubliKom, Tel. 040/39 92 72-0,
Email: [email protected]
www.capital.com
Further material: https://www.presseportal.de/pm/8185/4571608
OTS: Capital, G + J Wirtschaftsmedien
AXC0121 2020-04-15 / 10: 46
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