Siemens Energy Mulls Siemens Ltd Stake Sale

01 Nov 2023 CW Team

Siemens AG, which already owns a controlling 51% stake in Siemens Ltd, is contemplating the strategic expansion of its shareholding in the subsidiary. Raising its stake in Siemens Ltd would be a move that Siemens AG could more easily justify to its shareholders compared to issuing guarantees to Siemens Energy, according to sources familiar with the situation.

It's essential to note that these deliberations represent one of the options currently under discussion, and there is no guarantee that a transaction will materialise, as stated by an insider. Bloomberg, which was the first to report on the potential stake sale, has cited individuals with knowledge of the matter who suggest that Siemens Energy may announce the divestment of its shares in Siemens Ltd as early as this week.

This development comes at a time when Siemens Energy is actively engaged in discussions with the German government, various banks, and Siemens itself to secure guarantees amounting to 15 billion euros. These guarantees are intended to safeguard major industrial projects and address financial concerns within the company.

Siemens Energy recently witnessed a record low in the value of its shares after disclosing these ongoing talks, causing uncertainty among investors. However, on Monday, the shares experienced a notable uptick, closing 12.7% higher. This positive market response reflects optimism that the discussions may lead to a favourable outcome.

Sources close to the matter had previously informed Reuters that Siemens Energy was exploring various measures to bolster its balance sheet, including potential asset sales. This follows a recent agreement to sell its Trench high-voltage component division to Triton as part of its broader financial strategy.

Siemens Energy, a major player in the wind and gas turbine industry, is reportedly contemplating a significant move to enhance its financial stability. The company is considering the sale of a substantial portion of its 24% stake in Indian-listed Siemens Ltd to its former parent, Siemens AG. This potential stake sale, which currently holds an approximate value of $3.5 billion, could serve as a swift and effective means for Siemens Energy to bolster its capital base. These considerations align with ongoing discussions with the German government and Siemens regarding the provision of guarantees for performance bonds. Both Siemens Energy and Siemens AG have refrained from making official comments on the matter. Siemens AG, which already owns a controlling 51% stake in Siemens Ltd, is contemplating the strategic expansion of its shareholding in the subsidiary. Raising its stake in Siemens Ltd would be a move that Siemens AG could more easily justify to its shareholders compared to issuing guarantees to Siemens Energy, according to sources familiar with the situation. It's essential to note that these deliberations represent one of the options currently under discussion, and there is no guarantee that a transaction will materialise, as stated by an insider. Bloomberg, which was the first to report on the potential stake sale, has cited individuals with knowledge of the matter who suggest that Siemens Energy may announce the divestment of its shares in Siemens Ltd as early as this week. This development comes at a time when Siemens Energy is actively engaged in discussions with the German government, various banks, and Siemens itself to secure guarantees amounting to 15 billion euros. These guarantees are intended to safeguard major industrial projects and address financial concerns within the company. Siemens Energy recently witnessed a record low in the value of its shares after disclosing these ongoing talks, causing uncertainty among investors. However, on Monday, the shares experienced a notable uptick, closing 12.7% higher. This positive market response reflects optimism that the discussions may lead to a favourable outcome. Sources close to the matter had previously informed Reuters that Siemens Energy was exploring various measures to bolster its balance sheet, including potential asset sales. This follows a recent agreement to sell its Trench high-voltage component division to Triton as part of its broader financial strategy.

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Products

07 Jul 2026

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..