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Siemens planning to sell mobility, mechanical drives businesses

Siemens is planning to sell its Mobility business and Mechanical Drives business. The meeting of the Board of Directors of the company is scheduled to be held on February 21, 2018, to consider the same.

Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.

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