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Siemens Energy launches $4 bln tender offer for Siemens Gamesa

Source: Reuters

Nov 8 (Reuters) - Siemens Energy (ENR1n.DE) opened on Tuesday a 4.05 billion euro ($4.05 billion) bid for the third of the shares it does not own in its unit Siemens Gamesa (SGREN.MC), the German company said.The acceptance period will last 36 calendar days and is expected to end on Dec. 13 2022, said the company, after the Spanish stock market regulator authorised the deal on Monday.During the acceptance period,…