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varian acquired by siemens

This corresponds to a purchase price of approximately USD 16.4 billion. 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. Siemens Healthineers will buy radiation oncology systems and software maker Varian Medical in an all-cash deal valued at $16.4 billion, the companies announced Sunday, confirming a Bloomberg report Saturday. The German health imaging and medical devices giant, Siemens Healthineers, is to buy cancer device and software specialist Varian Medical Systems for $16.4 billion (£12.5bn). Varian (VAR) Agrees to Be Acquired by Siemens Healthineers for $177.50/Share, or $16.4B Microsoft (MSFT) Files to Offer 1.27M Shares of Common Stock for Shareholders Your Reason has been Reported to the admin. Siemens Healthineers AG and Varian Medical Systems Inc. have entered into an agreement, pursuant to which Siemens Healthineers shall acquire all shares of Varian for $177.50 per share in cash. This corresponds to a purchase price of approximately $16.4 billion. On 2 August, Siemens Healthineers announced that it will acquire Varian Medical for $16.4B, with the deal expected to close in 2021. The deal is the first major growth move by Healthineers since it was spun off and floated in 2018 by Siemens, which is undertaking a broader shakeup of its conglomerate … Chief Executive Officer Bernd Montag said at the end of 2019 that the company’s next acquisition would be “close to home.” “We’re not going to start doing, like, pacemakers, because it does not fit into our portfolio,” Montag said in an interview at the time. Siemens Healthineers, a medical technology spinoff of the German conglomerate, said it would acquire U.S.-based Varian Medical for $16.4 billion, creating a … The purchase will bring together two partners that have collaborated for more than a decade in areas such as radiotherapy diagnostics for cancer treatments. This corresponds to a purchase price of Varian of approx. Under the terms of the agreement, Siemens Healthineers will acquire all of the shares of Varian for US$177.50 per share in cash. Varian recently traded at 38 times estimated earnings, compared with a multiple of 18 for the S&P 500 Health Care index. In your inbox before the open, every day. Siemens Healthineers said the purchase will a have a positive effect on earnings per share withing the first 12 months of the closing. August 3, 2020 — Siemens AG is continuing to rigorously execute its Vision 2020+ strategy and therefore expressly welcomes Siemens Healthineers AG’s acquisition of a 100 percent stake in Varian Medical Systems, Inc., a U.S. company active in the area of cancer research and therapy.Payment of the purchase price of around $16.4 billion is to be enabled by mixed … August 3, 2020 — Siemens AG is continuing to rigorously execute its Vision 2020+ strategy and therefore expressly welcomes Siemens Healthineers AG’s acquisition of a 100 percent stake in Varian Medical Systems, Inc., a U.S. company active in the area of cancer research and therapy.Payment of the purchase price of around $16.4 billion is to be enabled by mixed … When Will Life Return to Normal? As part of the arrangement, Siemens Healthineers will acquire all of Varian’s outstanding shares for $177.50 each. Siemens Healthineers offers 24% premium in $16.4 billion deal, Purchase would boost Healthineers presence in cancer treatment, Siemens Healthineers to Buy Varian in $16.4 Billion Deal. 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 … Under the terms of the agreement, Siemens Healthineers will acquire all of the shares of Varian for US$177.50 per share in cash. Page 1/4 . Under the agreed transaction, Healthineers will acquire all shares in Varian for $177.50 each in cash, representing a 24% premium to the U.S. company's closing price on … Let's reshape it today, Hunt for the brightest engineers in India. German health group Siemens Healthineers said it would acquire Varian Medical Systems in a deal that values the US maker of devices and software for cancer treatments at $16.4bn. The planned dilution of Siemens’s holding could pave the way for Healthineers to enter into Germany’s benchmark DAX Index. Industrial conglomerate Siemens, which spun off Healthineers in 2018 but retains a controlling stake, will provide bridge financing for the deal, which seeks to create a global … Siemens Healthineers AG and Varian Medical Systems, Inc. have 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. Under the agreed transaction, Siemens Healthineers will acquire all shares in Varian for $177.50 each in cash, representing a 24% premium to the U.S. company's closing price on Friday. Siemens Healthineers agreed to buy Varian Medical Systems for about $16.4 billion in cash in the biggest medical acquisition of the year. Siemens Healthineers AG has also … Under the agreed transaction, Siemens Healthineers will acquire all shares in Varian for $177.50 each in cash, representing a 24% premium to … This will alert our moderators to take action. The bid will be financed through both debt and equity, Siemens Healthineers said in a statement on Sunday. Under the terms of the agreement, which has been unanimously approved by Varian’s Board of Directors, Siemens Healthineers will acquire all outstanding shares of Varian for $177.50 per share in cash, representing a premium of approximately 42% to the 30-day volume weighted average closing price of Varian’s common stock as of July 31, 2020, the last trading day prior … The merger would give Erlangen, Germany -based Siemens Healthineers a broader reach into cancer care. The Index has seen more turmoil than usual recently, with the exit of Lufthansa AG after 32 years, and Commerzbank AG. Siemens Healthineers agreed to buy Varian Medical Systems for about $16.4 billion in cash in the biggest medical acquisition of the year. The acquisition now places Siemens, a partner with Varian since 2012, as a world leader in cancer therapy, especially in radiotherapy and proton therapy, a market expected to enjoy continued growth given the need to deploy more cancer equipment to … Germany-based medical device company Siemens Healthineers has signed an agreement to acquire US-based radiation oncology treatment solutions provider Varian Medical Systems in a $16.4bn deal. MUNICH/BERLIN (Reuters) - German health group Siemens Healthineers SHLG.DE said on Sunday it was buying Varian Medical Systems Inc VAR.N of … Next year, ” Schmitz said deal whereby Siemens Healthineers a broader reach into cancer.. Financial Officer Jochen Schmitz said usual recently, with the exit of Lufthansa AG after 32 years, and AG. 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