Siemens has sold 150M shares in Infineon Technologies, reducing its interest from 40% to 19%, raising about €1.8 billion

January 13, 2004

1 Min Read

MUNICH -- Siemens sold 150 million ordinary registered shares of Infineon Technologies AG, representing approx. 20.8 % of the outstanding share capital of the company in an accelerated book-build offering. Pricing of the Offering is expected to take place today. The offer price is expected to be announced after the close of business today. With this transaction, Siemens’ current ownership interest decreases from nearly 40 percent to approx. 19 percent.

Siemens AG

Infineon Technologies AG

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