Siemens to spin off 30 percent of Healthineers to shareholders
Photo by National Cancer Institute on Unsplash
Siemens will spin off 30% of its Siemens Healthineers division to existing shareholders, relinquishing its controlling stake. Siemens will retain a significant minority ownership position in Healthineers after the transaction, which confirms earlier speculation about the strategic move. Siemens AG has officially announced the planned spin-off of a substantial portion of its Siemens Healthineers division. According to the company's press release, Siemens will distribute 30% of its Healthineers shares to existing Siemens shareholders. This transaction will result in Siemens relinquishing its controlling stake in Healthineers while retaining a significant minority.
Key takeaways
- Siemens AG has officially announced the planned spin-off of a substantial portion of its Siemens Healthineers division
- According to the company's press release, Siemens will distribute 30% of its Healthineers shares to existing Siemens shareholders
- This transaction will result in Siemens relinquishing its controlling stake in Healthineers while retaining a significant minority ownership position
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