Thursday, October 29, 2020

Siemens agrees to sell Flender to Carlyle Group in $2.4 billion deal

Siemens has agreed to sell Flender to U.S. buyout group Carlyle Group in a deal valuing the mechanical drives business at 2.025 billion euros ($2.39 billion), the German engineering group said on Thursday.

from Gadgets Now https://ift.tt/3e9UyGz

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