Siemens Healthineers to acquire Varian Medical Systems for $16.4B

Siemens Healthineers announced it will purchase all shares of Varian Medical Systems for $177.50 per share in cash, a total of $16.4 billion. The merger aims to create a global leader in cancer care, with Varian retaining its brand. The transaction is expected to close in the first half of 2021.

“The combination will create a multi-disciplinary global healthcare leader with the most comprehensive cancer care portfolio in the industry.”prnewswire.com

• 3 sources
• prnewswire.comVarian to Combine with Siemens Healthineers in $16.4 Billion All-Cash TransactionVarianAug 2, 2020
• asiae.co.krSiemens Healthineers Acquires US Medical Device Company for 19.5 Trillion KRW to Strengthen Cancer Treatment Division - The Asia Business DailyJeong HyunjinAug 3, 2020
• paragonventures.comVarian Medical Systems and Siemens Healthineers Announce Merger | Paragon VenturesJonathan SadockAug 4, 2020

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