Siemens Gas and Power Holding BV (Siemens Gas), a fully-owned subsidiary of Siemens Aktiengesellschaft (XTRA:SIE), is set to acquire a 24% stake in its Indian arm, Siemens Limited (NSEI:SIEMENS). This ends the uncertainty over the fate of Siemens' power and gas business division. With the proposed stake acquisition, Siemens will continue to run all segments, including gas and power, under its umbrella to tap growth opportunities independent of the parent's global arrangement.
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