Germany: Siemens Healthineers raises €2.73bn for Varian acquisition

Bernd Montag, chief executive officer, Siemens Healthineers

Germany’s Siemens Heathineers has raised €2.73bn (US$3.23bn) in a placement partly to finance its acquisition of US cancer care specialist Varian. It placed 75 million new shares with institutional investors through an accelerated bookbuilding offering at €36.40 per share. This was a 5% discount to the previous share close. We appreciate the trust that the…

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