Siemens Set to Raise €1.4 Billion in Healthineers Stake Sale
Siemens AG is offering 22 million shares in its medical technology unit.
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Siemens AG is likely to raise about €1.4 billion ($1.5 billion) from the sale of a roughly 2.3% stake in Siemens Healthineers AG, the medical technology unit it listed in 2018.
The German group increased the number of Healthineers shares offered to around 26.5 million from 22 million, and was expected to price them at €54.65 each, according to terms seen by Bloomberg. Demand exceeded the shares available by several times, the terms show.