Daily BriefsIndustrials

Daily Brief Industrials: Siemens Gamesa Renewable Energy, S.A. and more

In today’s briefing:

  • Siemens Energy/Siemens Gamesa: Delisting

Siemens Energy/Siemens Gamesa: Delisting

By Jesus Rodriguez Aguilar

  • After the end of the offer period, Siemens Energy will hold 631,538,509 shares of Siemens Gamesa, representing 92.72% of the share capital (below the 96.71% squeeze-out threshold condition).
  • Siemens Energy will execute plan B: a standing purchase order beginning 23 December followed by an EGM that will approve delisting.
  • Unicaja Banco SA (UNI SM) will replace Siemens Gamesa in the Ibex 35 index. Talgo (TLGO SM) will replace Unicaja in the Ibex Medium Cap.

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