--Siemens is considering buying Iberdrola's 8% stake in Siemens Gamesa, Bloomberg reports, citing people familiar with the matter.

--The acquisition would lead the German engineering conglomerate to hold an approximately 67% stake in the wind-turbine maker, Bloomberg said.

--There is no certainty deliberations will lead to a transaction, according to the news outlet.

Full story: https://bloom.bg/2rqoA4o

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

November 25, 2019 09:42 ET (14:42 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Siemens (PK) (USOTC:SIEGY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Siemens (PK) Charts.
Siemens (PK) (USOTC:SIEGY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Siemens (PK) Charts.