Tuesday, March 15, 2011

Siemens Healthcare merges with Siemens

Siemens Healthcare Diagnostics said today it has merged with Siemens with effect from March 14, 2011.
'With effect from March 14, 2011, company stands amalgamated with Siemens and the legal entity of the company stands dissolved without winding up,' Siemens Healthcare Diagnostics said in a filing to the Bombay Stock Exchange (BSE).It further added that the entire business and undertaking of the company gets transferred to and in the name of Siemens.
The company and Siemens have filed a certified copy of the respective orders of the Bombay High Court and Gujarat High Court with the concerned Registrars of Companies on March 14, 2011.In an earlier filing to the BSE, it had said the said amalgamation was to be effective only after the certified copies of the orders of both the High Courts were filed with the respective Registrars of Companies.
Siemens is the Indian arm of Siemens AG, a German infrastructure solutions company, which recently announced an open offer to buy nearly a 20% stake in Siemens at a price of Rs930 per share, translating into a total cost of Rs6,200 crore.

1 comment:

  1. The BSE Mid-cap Index is trading down 0.02% at 15,044, while BSE Small-cap Index is trading up 0.23% at 15,935.capitalstars

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