Thursday, July 5, 2007

Siemens CEO says will consider binding VDO offers

(Reuters) - "If we receive binding offers, naturally we will consider them in the interests of our shareholders," Loescher said.



Loescher said Siemens continued to plan for a stock-market listing of up to half of VDO, the company's preferred option. VDO is valued at up to about 10 billion euros .


Read more at Reuters.com Mergers News

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