SIEMENS decided to sell 17.34% shares of OSRAM, the transaction amounted to about 9 billion 400 million

The German SIEMENS group (Siemens) intends to sell the German lighting giant OSRAM (OSRAM) shares the news for a long time, until recently new progress. In Germany the time SIEMENS announced in October 4th, OSRAM decided to sell 17.34% shares, the end of the relationship over the years.

SIEMENS OSRAM shares held a total of 18 million 155 thousand shares, according to the "Reuters" (Reuters) reported that will be sold for 65.05 euros per share price, the total price of about 1 billion 200 million euros (about 9 billion 400 million yuan). SIEMENS said the sale proceeds will be used for general corporate purposes, and sell these holdings, will only retain a small stake in OSRAM, the Holdings Company of the shares for debt that expires in 2019.

SIEMENS and OSRAM both the management of disagreement, the deterioration of relations between the news heard, while SIEMENS held to sell off rumors, now really come true. OSRAM said, thanks to SIEMENS since OSRAM listed for many years, as the core role of shareholders.

LED more information, please click on the LED network or the WeChat public account (cnledw2013).