KPS Capital Partners leading in bid for Siemens' Innomotics unit
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 20, 2023
Following the previously communicated review and carve-out of Siemens' Motors and Large Drives business "Innomotics", BNP Paribas has now been mandated to explore a sale (NKP Proprietary)
Update: NBOs submitted in Jefferies advised sale of Single Use Support with Danaher reportedly having passed on its right of first refusal opening the path to a full sale, according to sources (NKP Proprietary)
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