Siemens Acquires Invensys For $2.9 Billion
November 29, 2012 - 9:42am
Siemens AG (ADR) (NYSE:SI), the largest industrial conglomerate in Germany, announced late Wednesday that it has agreed to acquire the rail automation business of London-based Invensys plc (LON:ISYS) for $2.9 billion (2.2 billion euros). Siemens is acquiring Invensys rail to…The post Siemens Acquires Invensys For $2.9 Billion appeared first on ValueWalk.
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