X (Twitter) LinkedIn
    Thursday, November 30
    Login
    0 Shopping Cart
    X (Twitter) LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals»Siemens Healthineers Said to Weigh $1 Billion Ultrasound Sale
    Deals

    Siemens Healthineers Said to Weigh $1 Billion Ultrasound Sale

    April 12, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Siemens Healthineers AG is considering a sale of its ultrasound business, which could be valued at about $1 billion, according to people familiar with the matter. The German provider of medical equipment is weighing its options after receiving expressions of interest in the business, the people said, asking not to be identified discussing confidential information. A sale could attract private equity and strategic bidders, the people said.

    A sale of the ultrasound unit would add to $161 billion worth of health-care transactions globally this year, according to data compiled by Bloomberg. That’s up more than 260% on the same period in 2020, when the coronavirus crisis was starting to put dealmaking across sectors on ice.

    Siemens Healthineers was involved in one of the largest medical acquisitions of 2020, when it agreed to buy Varian Medical Systems for about $16.4 billion in cash. The deal gives Siemens Healthineers a sizeable market share in the rapidly growing field of cancer treatment and helps the company chart a path toward joining Germany’s bluechip DAX Index.

     

    Read More

    Source: BNN Bloomberg

    By Manuel Baigorri, Dinesh Nair and Eyk Henning

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Acquisitions deals Investments Transactions
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Warburg Pincus surpasses target to close $17bn private equity fund

    October 18, 2023

    Brookfield banks $12B for its largest PE fund

    October 18, 2023

    Brookfield buys KKR’s Spanish solar company stake

    March 23, 2023

    Ethical Capital Partners buys Pornhub for an undisclosed sum

    March 18, 2023

    Comments are closed.

    Other Articles

    Platinum Equity Acquires NDC From Court Square Capital Partners

    March 12, 2021

    KKR Ups Share Buyback Authority to $500M

    December 29, 2021

    Britain completes 5 billion pound sale of Bradford & Bingley and NRAM

    March 2, 2021

    Kindred Group acquires Relax Gaming

    October 4, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    X (Twitter) LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?