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Germany's Siemens nearly halves stake in Siemens Energy

MUNICH, April 2 (Reuters) - Siemens  SIEGn.DE nearly halved its stake in Siemens Energy ENR1n.DE, cutting it to 5.5%, a filing on Thursday showed, as the German technology giant continues to wind down its share.

In November, the stake was 10.1%.

Siemens initially kept a 35.1% stake when it spun off Siemens Energy but has gradually reduced its holding.

“We remain committed to our goal of fully divesting our stake in Siemens Energy within a reasonable timeframe, while carefully considering market conditions,” a spokesperson stated.

The spokesperson said the proceeds will have no impact on earnings.

(Reporting by Alexander Huebner; writing by Tom Sims; Editing by Kirsten Donovan)

((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))

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