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Friday, 10 October 2008 08:45:17 PM GMT
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Siemens sells SHC cordless phone unit to Arques Industries
- Thursday, 31 July 2008
- AFP
FRANKFURT, August 1, 2008 (AFP) - The German industrial group Siemens announced on Friday another divestment in its telecoms activities, saying it would sell 80 percent of its SHC unit, which makes cordless phones, to Arques Industries.
The amount of the transaction was not provided, but the deal was to be finalised by October 1, a statement said.
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