JP Morgan Questions Valuation Of Siemens India’s Mechanical Drives Business
A Siemens branded shipping box stands on a caster deck at the airfreight depot. (Photographer: Alex Kraus/Bloomberg)

JP Morgan Questions Valuation Of Siemens India’s Mechanical Drives Business

JP Morgan has flagged concerns about the valuations assigned to the Siemens Ltd.’s mechanical drives business as the company plans to transfer the unit to its German parent.The intra-group sale and...
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