Osram's divestiture plan is confirmed by the head office Siemens

Osram's divestiture plan was confirmed by the parent company Siemens, 　　 Osram's IPO plan was finally shelved this month (see below). On the contrary, Siemens went the other way and would divest .% of Osram's shares to existing Siemens shareholders. The transaction will result in a ratio of Siemens shares to Osram shares owned by Siemens shareholders: However, Siemens still plans to retain a minority stake in Osram because it wants to retain its long-term shareholder name. By the end of the year, Siemens Group will retain% of Osram's equity after the separation plan, while Siemens Pension Trust holds the remaining .%.　　 The Fox Business website had predicted the divestiture plan. It said that Siemens’ retained equity made Siemens lose its veto power but still had stable control of the shareholders’ meeting. In addition, the holding level of less than% eliminates the need for Siemens to include Osram in its financial reports.　　OSRAM IPO plan 　　Osram IPO plan is announced in the year and month**, and it is planned to be executed in the fall of this year. However, due to the unfavorable market, Siemens postponed the plan. Although the IPO plan was still possible earlier this year, it was still shelved after *. Siemens stated that 'it is very likely that it will no longer release Osram's IPO plan at the end of the year as originally planned.' The spin-off of Osram will make the listing plan 'more immune to capital market conditions,' Siemens added, 'These measures will enable Osram to own Independence and more flexible financing options.' OSRAM Christian Schraft said at the European Lighting Technology Strategy Exhibition. In the fiscal year (as of the year, month day), the company’s revenue was approximately 100 million euros, of which approximately% came from solid-state lighting.　　 OSRAM is one of the most vertically integrated companies in the lighting industry. Its product range includes LED chips and packaging components produced by Osram Opto Semiconductors subsidiary, as well as fixtures, systems and intelligent systems provided by Osram*s recently acquired companies such as Traxon and Siteco.