Siemens Energy explores sale of Trench Electric

Siemens Energy is exploring a sale of its high-voltage components unit Trench Electric, with Deutsche Bank advising. Non-binding bids are due in the coming weeks.

“Siemens Energy AG is exploring a sale of a high-voltage components unit as the German gas turbine and grid technology maker focuses on core businesses.”news.bloomberglaw.com

• 1 source
• news.bloomberglaw.comSiemens Energy Said to Weigh Sale of Electrical Components MakerAaron Kirchfeld, Eyk HenningMay 3, 2023

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