Deka warns Siemens Energy not to sell wind unit below value
Deka Investments urged Siemens Energy not to sell its wind division below value at Thursday's meeting. Management aims to stabilize the unit before a spin-off.
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At the annual general meeting of SIEMENS ENERGY AG, the future of the company's struggling wind division, Siemens Gamesa, has become a central point of debate among major investors. A top-20 shareholder from Germany, Deka Investments, urged leadership not to rush into a divestment that could undervalue the business.
