Source: www.reuters.com

1 Min Read

FRANKFURT (Reuters) - Siemens Energy is preparing a bid to buy the remaining third of Spanish-listed wind turbine maker Siemens Gamesa it does not already own, two people familiar with the matter said.

The stake is currently worth 3.14 billion euros ($3.31 billion).

Bloomberg first reported the news.

A spokesperson for Siemens Energy declined to comment.

Sources told Reuters earlier this year that Siemens Energy is looking at options for how to best acquire the remaining stake, adding a deal could materialise by summer.

($1 = 0.9497 euros)

Reporting by Christoph Steitz, Editing by Miranda Murray