According to Bloomberg News, Siemens is considering selling its remaining 17% stake in OSRAM, worth 777 million euros, or about $872 million, and potential buyers include Chinese investor Jinshajiang Venture Capital.
It is reported that the equity transfer has also attracted other Chinese investors, including some PE institutions. It is rumored that this transaction will be announced as soon as this month.
Siemens CEO Joe Kaeser has previously publicly questioned OSRAM's plans to invest heavily in expanding LED projects in Malaysia. Joe Kessel complains that the CEO of Osram has undermined the strategic value of shareholders.
Ptfe Sheet Cutting,Factory Ptfe Seal ,Customized Ptfe Oil Seal,Ptfe Oil Seal
Cixi Congfeng Fluorine Plastic Co.,Ltd , https://www.cfptfeseal.com