Siemens Healthineers to acquire Varian for $16.4 billion

Siemens Healthineers to acquire Varian for $16.4 billion

German health group Siemens Healthineers said on Sunday it would acquire Varian Medical Systems Inc in a deal that values the U.S. maker of devices and software fortreating cancer at $16.4 billion.
Source: www.reuters.com

BERLIN (Reuters) - German health group Siemens Healthineers () said on Sunday it would acquire Varian Medical Systems Inc () in a deal that values the U.S. maker of devices and software fortreating cancer at $16.4 billion.

Under the agreed deal, Siemens Healthineers would acquire all shares in Varian at $177.50 in a cash, which represents a 24% premium to the American company’s closing price on Friday.

 

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