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Siemens AG, along with its subsidiary held a 51 percent stake in Siemens India. Post the 18 percent stake buy, Siemens AG's standalone shareholding will increase to 69 percent in Siemens India.
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https://www.moneycontrol.com/news/business/siemens-ag-to-buy-18-stake-in-siemens-india-for-2-1-billion-euros-11744481.html
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