Siemens to float medical solutions division

Date: January 16, 2018

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.

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