Healthineers, Siemens’s MedTech (medical imaging and diagnostics) division, is to be the subject of an initial public offering (IPO) by the company who expected it to reach a value of around €40bn (S$65b). Healthineers is one of the largest of Siemens’ nine divisions by revenue (sales of €3.7bn in Q4 2017) and also in terms of profitability.

https://www.ft.com/content/57ffd408-d521-11e7-a303-9060cb1e5f44

https://www.siemens.com/press/pool/de/events/2017/corporate/2017-q4/2017-q4-earnings-release-e.pdf

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