|Bid||109.96 x 44200|
|Ask||109.94 x 100000|
|Day's Range||109.86 - 112.14|
|52 Week Range||105.92 - 157.96|
|Beta (5Y Monthly)||1.12|
|PE Ratio (TTM)||17.21|
|Earnings Date||Aug 11, 2022|
|Forward Dividend & Yield||4.00 (3.52%)|
|Ex-Dividend Date||Feb 11, 2022|
|1y Target Est||164.04|
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Siemens Energy is considering buying all the shares it does not already own in Spanish-listed wind group Siemens Gamesa, in an attempt to gain full control over the beleaguered renewables company. The German group, which already owns 67 per cent of the turbine maker, said on Wednesday it was considering an offer for “all outstanding shares in Siemens Gamesa Renewable Energy SA with the intention to delist”. Shares in Siemens Gamesa surged more than 11 per cent on the announcement, while Siemens Energy shares rose more that 2 per cent.
(Bloomberg) -- Siemens Energy AG is weighing a bid for the shares of Siemens Gamesa Renewable Energy SA it doesn’t already own, a long-speculated step in its efforts to turn around the troubled Spanish wind-turbine maker.Most Read from BloombergWalmart Flashes a Warning Sign to the Entire Consumer EconomyStocks Sink on Earnings, Growth Fears; Bonds Gain: Markets WrapElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt BurdenOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneElo
FRANKFURT/MADRID (Reuters) -Germany's Siemens Energy is mulling a bid to buy the third of Siemens Gamesa it does not already own, the company said on Wednesday, hoping this will help it fix long-standing problems at the Spanish-listed wind turbine maker. Siemens Energy faces mounting shareholder pressure to seek control of Siemens Gamesa, in which it owns 67%, a stake it inherited as part of a spin-off from former parent Siemens. "Management is considering a cash tender offer for all outstanding shares in Siemens Gamesa Renewable Energy S.A. with the intention to delist," Siemens Energy said in a statement.