Search Results for: Siemens
Siemens selects Deutsche Bank for receivables on behalf of in China
August 28th, 2015
Deutsche Bank today announced that it has implemented a Receivables on Behalf Of (‘ROBO’) solution for Siemens Financial Services (‘SFS’) in China, for both intra-group and third party cross-border receivables. Deutsche Bank is a key banking partner of Siemens ...
Egypt signs €8bn power deal with Siemens
June 4th, 2015
Egypt yesterday signed an €8 billion (Dh33bn) contract with Siemens to increase power generation capacity by 50 per cent, which is expected to provide a boost to the economy. The contract, which was signed in Berlin by the Egyptian ...
Baker & McKenzie Advises Siemens on Metals Technologies Joint Venture with Mitsubishi Heavy Industries
February 27th, 2015
Baker & McKenzie acted as Russian counsel for Siemens Aktiengesellschaft on the corporate and commercial aspects of its joint venture with Mitsubishi Heavy Industries, Ltd. (MHI). With this joint venture both partners are forming a globally operating complete provider for plants, ...
Siemens Buys Dresser-Rand, an Oil Services Company, for $7.6 Billion
September 22nd, 2014
Siemens, the German engineering conglomerate, announced late Sunday a deal for the Dresser-Rand Group, an oil products and services company. The deal, worth about $7.6 billion, including the assumption of debt, gives Siemens prominence in the American energy sector, ...
GE Battles for Alstom as Siemens Wins French Support
April 28th, 2014
Jeffrey Immelt is trying to defend General Electric Co. (GE)’s largest-ever acquisition, after French officials imperiled the attempt by urging Alstom SA (ALO) to consider a rival offer from Germany’s Siemens AG. (SIE) The chief executive officer of GE ...
Siemens CEO Rebuked as German Business Defends Putin Partnership
March 31st, 2014
Chancellor Angela Merkel’s deputy chided Siemens AG (SIE) Chief Executive Officer Joe Kaeser for traveling to Moscow, saying German companies shouldn’t sell out European values to protect business with Russia. The conflict over Kaeser’s meeting with President Vladimir Putin ...
Siemens and RWE help European shares steady
March 17th, 2014
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in Ukraine. The pan-European FTSEurofirst 300 index, which fell 3.2 percent ...
Siemens and RWE help European shares steady
March 17th, 2014
European shares were buoyed by gains in major German stocks Siemens and RWE on Monday, steadying after heavy losses in the previous week on concerns about geopolitical tensions in Ukraine. The pan-European FTSEurofirst 300 index, which fell 3.2 percent ...
European stocks were largely flat on Wednesday
January 27th, 2021
European stocks were largely flat on Wednesday due to losses in technology and mining sectors and as investors stayed on the sidelines ahead of the U.S. Federal Reserve’s policy decision. The pan-European STOXX 600 index was down 0.02% following ...
Europe stocks seen mixed as trade war fears continue
May 8th, 2019
European stocks were seen mixed Wednesday morning as the escalating threat of a trade war between the U.S. and China continues to weigh on major markets. The pan-European STOXX 600 index dropped 0.14% after the bell, with the travel ...
