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Siemens reported a €0.2.8 B gain associated with the contribution of Fluence Energy shares to the Siemens Pension Trust.
SEC filings show the pension trust structure as beneficial owner following transfer of Fluence Energy shares.
Siemens contributed shares in an equity-method investment to Siemens Pension-Trust e.V. at a fair value of €275 M, generating a €227 M gain.