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Siemens to spin off 30% of Healthineers to shareholders, refocus on software and digital Comments Siemens (OTCPK:SIEGY) (OTCPK:SMAWF) on Wednesday announced plans to distribute 30% of its stake in Siemens Healthineers (OTCPK:SEMHF) (OTCPK:SMMNY) directly to shareholders, reducing its holding in the medical technology subsidiary and advancing its shift Quick Insights Reducing the stake frees up capital, providing greater flexibility for acquisitions and supporting higher dividends. Siemens will focus on software, automation, AI, and data-driven businesses by pursuing acquisitions in digital, software, and hardware sectors. The spinoff is part of Siemens' strategy to streamline its portfolio, exit healthcare, and focus on high-margin, technology-driven segments. Recommended For You More Trending News
