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Siemens AG agreed to acquire Iberdrola's 8.1% stake in Siemens Gamesa Renewable Energy for EUR 1.1 billion, at EUR 20.00 per share.
“Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola S.A.”press.siemens.com
Summarized from public sources; check the original articles before acting on it.