|Bid||139.36 x 44200|
|Ask||139.38 x 100000|
|Day's Range||138.92 - 141.08|
|52 Week Range||98.50 - 151.86|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||19.14|
|Forward Dividend & Yield||3.50 (2.34%)|
|Ex-Dividend Date||Feb 04, 2021|
|1y Target Est||N/A|
BERLIN (Reuters) -Siemens is preparing a separation of its large drive applications (LDA) business, the German engineering and technology company said on Monday, confirming media reports. The separation of the unit, which produces heavy-duty electrical drive systems for ships, mines and rolling mills, is the first step to a divestiture, Handelsblatt reported on Monday. More than 7000 Siemens employees around the world including around 2200 in Germany will be affected by the move, Handelsblatt reported, citing sources at the company.
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HS2 is poised to award a flagship £2.8bn train building contract to two manufacturers that failed to meet the rail link’s own criteria after a process "shrouded in mystery", the German manufacturing behemoth Siemens has claimed in the high court.