The logo of German industrial group Siemens in Zurich, Switzerland. REUTERS/Arnd Wiegmann/Files
ZURICH: Siemens does not see an urgent need for massive acquisitions to build up its size again after floating its turbine business Siemens Energy on Monday, a source close to the company said.
Although the trains to industrial software maker has the financial muscle to undertake big deals, transformational acquisitions bigger than 10 billion euros ($) are not necessary, a source said.
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