Siemens Considers Osram IPO

Siemens AG, Europe’s largest engineering company, is weighing an initial public offering of its Osram lighting business within the next two months, according to two people familiar with the discussion.


The German company has retained Deutsche Bank AG,Goldman Sachs Group Inc. and Commerzbank AG to help prepare the IPO, said the people, who declined to be identified because the information is private. Munich-based Siemens has yet to make a final decision on the stock sale, one of the people said. Siemens spokesman Alexander Becker declined to comment.  Read the Story at Bloomberg