Siemens Healthineers plans to acquire Varian to advance fight against cancer and strengthen its position in healthcare

2020-08-02


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Published on August 1, 2020

Siemens Healthineers AG (Frankfurt: SHL) and Varian Medical Systems, Inc. (NYSE: VAR) announced that they have entered into an agreement, pursuant to which Siemens Healthineers shall acquire all shares of Varian for USD 177.50 per share in cash. This corresponds to a purchase price of approximately USD 16.4 billion.

Siemens Healthineers AG has also announced its results for the third quarter of fiscal year 2020 that ended June 30, 2020.

Third quarter results for fiscal year 2020