Siemens Energy on Tuesday secured a 12 billion euro credit line from private banks that was partly backstopped by the German government, removing a major concern for investors that feared the group could lose out on business without the funds.
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Shares in Siemens Energy
rose to the top of Frankfurt s blue-chip index on
Thursday after brokerage HSBC said a possible sale of the
group s stake in India s Siemens Ltd could alleviate
balance sheet.