Siemens Considers Floating 50-75% of Osram

Siemens has mooted floating up to 75 percent of Osram if investor demand is strong, in what would be one of Europe’s biggest stock market listings this year.


Siemens executives have told analysts the German industrial conglomerate plans to float between 50 percent and 75 percent of the world’s second largest lighting maker after Philips (PHG.AS), one source familiar with the planned initial public offering (IPO) said.

Read the story at Reuters