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Jul 6th, 2013
 
Siemens to finally spin-off Osram
 
Industrial conglomerate Siemens AG (SI) said Thursday that the spin-off of its lighting unit Osram is planned for July 8.
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Peter Loescher who is the CEO of Siemens AG and Joe Kaeser Mentioned who is the Chief Financial Officer of Siemens AG mentioned it in a note to investors and have confirmed the date. It is reported that Siemens will spin off Osram business on July 8 when the shares of Osram Siemens held will be reduced to 17%.

 

 
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