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

2020-08-02


Published on August 2, 2020
<p>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.</p><p>Siemens Healthineers AG has also announced its results for the third quarter of fiscal year 2020 that ended June 30, 2020.</p>
Third quarter results for fiscal year 2020