Tag: National Stock Exchange of India Limited

Siemens AG will increase its stake in Siemens Limited from 55.3% to 75%. During the offer period, which began 25 March 2011 and ended 13 April 2011, shareholders of Siemens Limited offered to sell Siemens AG a total of 29% of all outstanding shares, nearly 1.5 times the amount to be acquired. To attain 75%, Siemens will acquire an additional stake of 19.7% from the offerers, on a proportional basis.