News that Siemens AG of Germany has hired Merrill Lynch & Co. to assist in a strategic evaluation of Siemens Automotive is fueling speculation that the operations could be going up for sale. The company admits it commissioned the investment banker to come up with a strategy for the future and to help the company decide how to grow the automotive business. But the least likely scenario, says a Siemens spokesman, is that the automotive operations would be sold because they stand as one ...
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