by
Gus Iversen, Editor in Chief | January 03, 2018
Siemens to IPO Healthineers
All year, new details leaked out regarding the upcoming IPO of Siemens Healthineers. Now the IPO is entering its final lap, and should be finalized by the end of March 2018.
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Siemens Healthineers
preps for IPO
The IPO has been an ongoing story, highlighted by an August announcement that it would happen during 2018. Estimates for the worth of the unit would be at or about $47 billion.
"Our preparations for the public listing are completely on schedule,” Siemens Chief Financial Officer Ralf P. Thomas said in a statement in November, following the decision to list the IPO on the Frankfurt Stock Exchange Regulated Market.
The decision to split Siemens and to make Healthineers a public listing ties in with CEO Joe Kaeser’s Vision 2020 plan, which began in 2014, to spin off divisions into what he calls a “fleet of ships” model to narrow the core of Siemens.
How that split will impact the imaging marketplace is unclear, but it's something we will be continue to report on throughout the coming year — and beyond.
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