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KPS Capital To Buy Siemens' Unit Innomotics For EUR 3.5 Bln

KPS Capital Partners, LP or KPS said on Thursday that through a newly formed affiliate, it has inked a deal to acquire Innomotics GmbH from Siemens AG (SIEGY.PK, SMAWF) for 3. ....

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Siemens to sell division for Rs 2,200cr; buy EV charging business for Rs 38cr

Chennai, May 19: In a sale and purchase transaction, Siemens Ltd on Friday said it has decided to sell its low voltage motors and geared motor business for Rs 2,200 crore and buy the electric vehicle (EV) division of Mass-Tech Controls Private Ltd for Rs 38 crore. ....

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