The year's biggest health care deal to date, the combination of Siemens Healthineers and Varian Medical Systems, Inc. will create a global leader in cancer care, combining Varian’s strength in radiotherapy and Siemens' strength in cancer imaging and radiotherapy planning.
Siemens Healthineers has agreed to pay $16.4bn in an all-cash deal to acquire Varian. The deal represents a premium evaluation of 42% above the average weighted share price in the...