Siemens Healthineers, GE Healthcare Eye Medtronic Units

  • Medtronic spinning off patient monitoring, lung treatment arms
  • Businesses could be valued at more than $7 billion in sales
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Siemens Healthineers AG and General Electric Co.’s health-care arm are among parties studying a potential acquisition of two businesses being spun off by medical device maker Medtronic Plc, people familiar with the matter said.

Medtronic’s patient-monitoring and respiratory-intervention businesses are also drawing interest from private equity firms, the people said, asking not to be identified discussing confidential information.