As
announced in the press release from January 28, 2014, Siemens AG is
planning to end the NYSE listing of its American Depositary Shares
(ADSs) (ticker symbol “SI”). In addition, Siemens AG intends to
terminate its reporting obligations (deregistration) with the U.S.
Securities and Exchange Commission (SEC). As previously disclosed, the
goal of the delisting and deregistration is to address the change in the
behavior of investors. As a consequence, processes of financial
reporting can be simplified and their efficiency improved.Continue Reading...
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