#Latest news with #rescuepackageBloomberg4 days agoBusinessBloombergSiemens Energy Closes Chapter on Germany's €7.5 Billion RescueSiemens Energy AG is on course to pay a dividend for the first time in almost four years after replacing an €11 billion ($12.6 billion) rescue package backed by the German government. The company moved to a new €9 billion bank facility earlier than planned that will help fund large projects, it said Thursday, clearing the path for the gas and wind turbine maker to resume shareholder payouts.
Bloomberg4 days agoBusinessBloombergSiemens Energy Closes Chapter on Germany's €7.5 Billion RescueSiemens Energy AG is on course to pay a dividend for the first time in almost four years after replacing an €11 billion ($12.6 billion) rescue package backed by the German government. The company moved to a new €9 billion bank facility earlier than planned that will help fund large projects, it said Thursday, clearing the path for the gas and wind turbine maker to resume shareholder payouts.
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