Siemens Healthineers Gets Varian In $16.4Bn Deal To Enter Cancer Treatment Market

China A Key Market As Highest Net Promoter for Varian

In a bold move to expand into cancer treatment markets, Siemens Healthineers has agreed to a $16.4bn all-cash deal to acquire radiation therapy leader Varian.

Billion
SIEMENS SPENDS BIG TO ENTER CANCER CARE IN CHINA AND OTHER KEY MAREKTS • Source: Shutterstock

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...

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