Siemens AG’s Shares Offering

Khaitan & Co advised Siemens Aktiengesellschaft on the offering.

As reported in Legally India and in others online publications SAG completed the sale of approximately 47.70% shares in SIL, an Indian listed company, to SAG’s subsidiary, SIH BV, through a block deal on the floor of BSE Limited.

Siemens AG is an engineering and manufacturing company, and focuses on areas of electrification, automation and digitalization, also provides engineering solutions in automation and control, power, transportation and medical diagnosis.

The Khaitan & Co team was led by Partner Niren Patel (Picture) and partner Arindam Ghosh, senior associate Shreya Mukherjee and senior associate Shashank Patil.

Involved fees earner: Arindam Ghosh – Khaitan & Co.; Shreya Mukherjee – Khaitan & Co.; Niren Patel – Khaitan & Co.; Shashank Patil – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Siemens;

Author: Michael Patrini