Seeking Alpha

An initial share sale in Siemens' (SI) Osram lighting unit has been scrapped in favor of a...

An initial share sale in Siemens' (SI) Osram lighting unit has been scrapped in favor of a "dividend in kind spinoff," which would allocate Osram shares to existing Siemens shareholders. The spinoff means Osram's public listing will be "more independent of capital market conditions." Shares -3.4% in London. (PR .pdf)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|