Quelle Surprise: Siemens Energy has finally admitted it plans to buy the remainder of Siemens Gamesa Renewable Energy SA, the Spain-listed wind turbine maker.
The former is offering EURO 18.05 a share to take full control of the latter. Have a look at the full press release for all the details:..
It would appear arch rivals over at Bloomberg have finally decided to follow up little old Betaville's UNCOOKED alerts about Spanish wind turbine company Siemens Gamesa Renewable Energy SA.
According to Bloomie, Siemens Energy - which is the largest shareholder in Siemens Gamesa - is preparing to make an all-cash offer in the next week with a view to delisting the firm. Below is a link to the Bloomie piece:..
I see Reuters has finally picked up on the Siemens Gamesa Renewable Energy bid rumours little old Betaville published on late last year. Below is a link to the Reuters piece in case you missed it earlier: