--Carlyle Group Inc. is nearing a deal to acquire Siemens AG's mechanical-drive unit Flender for around two billion euros ($2.37 billion), Bloomberg reports, citing people familiar with the matter.

--An agreement could be announced as early as this week, according to the news outlet.

--The U.S. company outbid Brookfield Asset Management Inc., Bloomberg says, but talks could still be delayed or fall apart.

 

Full story: https://bloom.bg/3jyuBBn

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

October 26, 2020 02:48 ET (06:48 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Siemens (XE:SIE)
Historical Stock Chart
From Nov 2020 to Dec 2020 Click Here for more Siemens Charts.
Siemens (XE:SIE)
Historical Stock Chart
From Dec 2019 to Dec 2020 Click Here for more Siemens Charts.