The planned floating of Siemens AG's (SIEGn.DE) Osram unit will give the division leeway to pursue takeovers and alliances in the lighting sector, Siemens Chief Executive Peter Loescher said on Tuesday. Siemens unveiled plans to float Osram as part of a new management and corporate structure late on Monday in what amounts to the most radical revamp since 2007 for Europe's biggest engineering company. [ID:nLDE72Q099] "There will be a lot of opportunities for collaboration with other companies," Loescher told Reuters Insider television.
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