Tag Archives: Minority Acquisition

Siemens Enters Solar Production Business with Acquisition of Minority Stake in US Firm

Siemens AG (NYSE: SI) has acquired a 16.1 percent stake in Semprius Inc., a U.S. maker of high-efficiency solar modules. It is Siemens’ first acquisition the photovoltaic business. Terms were not disclosed. Siemens will use its experience as a solar project general contractor to help Semprius set up production. Siemens specializes …

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