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Press Release20 March 2013Siemens AGMunich
Siemens sells its Atos convertible bonds
The convertible bond issue was part of the contractual agreement under which SIS was contributed to Atos. Through the sale of its bonds, Siemens is now realizing part of the purchase price. Under the terms of the transaction, Siemens also received a cash payment of approximately €177 million as well as a 15% interest in the share capital of Atos, in July 2011. In view of the very good operational and strategic cooperation with Atos, among other factors, Siemens intends to retain its interest in Atos as initially agreed between the two groups.
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For this press release
Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is the world's largest provider of environmental technologies. Around 40 percent of its total revenue stems from green products and solutions. In fiscal 2012, which ended on September 30, 2012, revenue from continuing operations totaled €78.3 billion and income from continuing operations €4.9 billion (incl. IAS 19R). At the end of September 2012, Siemens had around 370,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at: http://www.siemens.com.
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Wolfram Trost
Siemens AG
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Germany
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Germany
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