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Tag: siemens
Siemens shops NSN stake to private equity firms - report
2013-06-17 08:53:00| Telecompaper Headlines
(Telecompaper) Siemens is sounding out private-equity firms about buying its 50 percent stake in Nokia Siemens Networks, people familiar with the matter told the Wall Street Journal. The German conglomerate has approached a number of buyout funds, including TPG, Blackstone and KKR, to gauge their interest in buying the stake. Another possibility, less likely, is a sale of Siemen's stake in the venture, the report said. Analysts say the entire NSN business, if it were public, could be worth more than EUR 7 billion including debt. Since April each partner in the joint venture is free to explore options for its stake without the risk of a veto from the other party. It was unclear how Nokia would view a possible sale of all or part of NSN to private-equity investors, but according to the WSJ, it is considering buying out Siemens' stake. Nokia has held discussions with Solidium, the Finnish sovereign-wealth fund, which could help it pay for such a deal, people familiar with the matter said.
Tags: report
private
shops
equity
Siemens presents three-point plan for implementing cost-efficient energy transition in Germany
2013-06-15 19:30:16| Green Car Congress
Tags: plan
germany
energy
presents
Siemens looking to unload share in networking venture with Nokia, report said
2013-06-14 16:18:41| InfoWorld: Top News
Siemens has started talks with private-equity firms about the sale of its share in Nokia Siemens Networks, the Wall Street Journal reported on Friday. The German company's 50 percent share of NSN (Nokia Siemens Networks) could be worth more than 7 billion ($9.3 billion) including debt. The news doesn't come as a surprise to Gartner research director Sylvain Fabre, who in March wrote that Siemens would seek to finalize a deal this year.
Tags: report
said
share
networking
Siemens To supply Wet Air Oxidation System To Qatar
2013-06-14 05:29:13| oilandgasonline News Articles
Siemens Energy will supply a wet air oxidation ethylene spent caustic treatment system as part of an ethylene plant expansion. Customer is Qatar Petrochemical Company (QAPCO), one of the leading companies in the Middle East that produces and supplies ethylene.
Tags: system
air
supply
siemens
Siemens To Supply Wet Air Oxidation System To Qatar
2013-06-14 05:29:13| oilandgasonline News Articles
Siemens Energy will supply a wet air oxidation ethylene spent caustic treatment system as part of an ethylene plant expansion. Customer is Qatar Petrochemical Company (QAPCO), one of the leading companies in the Middle East that produces and supplies ethylene.
Tags: system
air
supply
siemens
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