Valuation at a discount to lighting peers
* Osram Q2 EBITA margin 7 pct, aims for more than 8 pct (Adds details on profit margin, valuation)
FRANKFURT, May 2 (Reuters) – German engineering group Siemens aims to float its lighting business Osram on the stock exchange in early July, it said on Thursday, following a short delay due to legal action by a handful of investors. Read the story at Reuters.