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  • NEWS Desk Global
    • Nov 14, 2023
    • 1 min read

GERMAN GOVERNMENT SUPPORTS SIEMENS ENERGY WITH $8 BLN GUARANTEES


The German government on Tuesday said it had decided to backstop Siemens Energy (ENR1n.DE) with guarantees worth 7.5 billion euros ($8.1 billion) as part of a deal with other stakeholders to help the troubled energy company fulfil its order book.

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