Industrial giant Siemens plans spin-off for $2bn wind technology business

German giant to merge Wind Energy Generation unit into Flender before listing next year

Joe Kaeser, chief executive officer of Siemens AG.
Joe Kaeser, chief executive officer of Siemens AG.Foto: Bloomberg/Bloomberg via Getty Images
Published 8 May 2020, 09:54Updated 11 May 2020, 00:43