Siemens Energy is considering selling a part of its 24% stake in Indian-listed Siemens Ltd to former parent Siemens AG to shore up its balance sheet, two people familiar with the matter said.
The stake is currently worth around $3.4 billion and a partial sale would be a quick way for the German maker of wind and gas turbines to strengthen its capital base as talks with Berlin and Siemens over guarantees for performance bonds continue.
