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Siemens Sells Motor Unit for €3.5 Billion, China Sales SlumpSiemens kept its overall outlook for the year ... which makes heavy-duty electric motors in ships and mining equipment, to KPS Capital Partners for €3.5 billion. The potential deal was reported ...
P-E firm KPS Capital Partners is emerging as the frontrunner to acquire Siemens' (OTCPK:SIEGY) Innomotics large motors unit, in a deal that could value the business at ~€3B ($3.2B), Bloomberg ...
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