On August 24, local time, according to reports, people familiar with the matter revealed that Siemens Energy is cooperating with Goldman Sachs Group to launch a bid for a majority stake in its steam turbine business. People familiar with the matter said Siemens Energy plans to hold a board meeting on Tuesday to decide how to proceed with the divestment of its “industrial transformation” business unit.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.