Copyright Bloomberg
Siemens AG will hand a 30% stake in Siemens Healthineers AG to its own shareholders, allowing it to reduce its exposure to the medical technology business and focus on software. This so-called direct spinoff of the maker of MRI scanners and lab-testing devices is the preferable option, Siemens said late Wednesday. The move, which confirms an earlier Bloomberg report, would leave Siemens with a 37% holding in the former unit. Healthineers was valued at €50.6 billion ($58.7 billion) as of Wednesday’s close in Frankfurt.
