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Board of Siemens gives in-principle approval for sale of Metals Technology Business

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Capital Market
Last Updated : Nov 10 2014 | 11:31 AM IST

Held on 05 November 2014

Siemens announced that the Board of Directors of the Company at its meeting held on 05 November 2014 has approved in principle the sale and transfer of the Metals Technology Business of the Company to a subsidiary (which is being incorporated) of Siemens VAI Metals Technology GmbH, Germany, with effect from close of business hours on 31 December 2014.

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First Published: Nov 10 2014 | 10:33 AM IST

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