Siemens Energy launches $4.3 B bid to increase stake in wind company
Germany, Munich: Siemens Energy has submitted a $4.3 B bid for the remaining shares in its wind turbine firm Siemens Gamesa, which it currently owns 67 %.
Cevian Capital plans considerable increase of its share in ABB
Cevian Capital, one of ABB’s three largest shareholders with 5.1% of total ABB Ltd share capital, is looking to significantly increase its share in the Swiss-Swedish industrial giant.
Cevian Capital increases ownership of ABB
Switzerland, Zurich: Cevian Capital II GP Limited, an international investment company, has further increased its stake in ABB, having purchased more shares on 22 June, according to its disclosure notice.