The Traderszone Network

Published in TZ Latest News 9 November, 2014 by The TZ Newswire Staff

Siemens should keep majority if healthcare unit floated-union

Siemens has agreed to keep its healthcare unit as a “part of its long-term, strategic core portfolio” and must strive for majority ownership even if the unit is listed on the stock market, according to trade union IG Metall. Earlier in November, Siemens said the legal separation of its healthcare unit in countries, including Germany, was a possible precursor to an eventual full or part disposal.

read more