reactions of political parties to the takeover bid announced by Siemens Energy

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Parliamentarian Iker Casanova has assured that the nationalist coalition “has spent years denouncing this loss of strategic companies, but the government is more concerned with appeasing criticism than defending the productive fabric.”

The reactions to the launch of a takeover offer by Siemens Energy for 32.9% of the shares of Siemens Gamesa renewable energy It didn’t take long for them to arrive. Of EH Bildu, EH Bildu parliamentarian Iker Casanova believes that Gamesa is “following in the footsteps of Euskaltel” and “many other” companies. In his opinion, the multinational, which employs almost 3,000 people at Hego Euskal Herria, is disappearing “as an independent company”.

In a message on his Twitter account, Casanova assured that the Nationalist coalition “has been denouncing this loss of strategic companies for years, but the government is more concerned with silencing criticism than defending the productive fabric” .

For its part, the Minister of Economic Development, Sustainability and Environment of the Basque Government, Arantxa Tapia, in an interview with Radio Euskadi’s program “Boulevard” deplored the “lack of detailed information” about Siemens Energy’s plans after its announcement of an acquisition bid for Siemens Gamesa, and has argued that talk of possible layoffs or the relocation of its headquarters to Germany is “excessive progress”. However, he has admitted that the situation is “complicated and creates uncertainty” and stressed that “the workers should be the first to know what is going on”.

Siemens Energy announced a voluntary cash takeover offer last Saturday for all shares of Siemens Gamesa Renewable Energy it does not yet own (32.9%), and this morning the German company’s management offered the details of the operation in a roundtable press. Siemens Energy CEO Christian Bruch explained that they will keep “all Siemens Gamesa’s activities in Euskal Herria” and that “Spain will continue to play a pivotal role in Siemens Energy’s business”.

Likewise, the German giant’s management has assured that the purchase will “benefit all interested parties: suppliers, shareholders, customers, employees and society as a whole.” The transaction is forecast to close by the end of 2022.

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Source: EITB

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