Siemens Healthineers to acquire Varian Medical Systems for $16.4 billion

By Douglas Busvine BERLIN (Reuters) - German health group Siemens Healthineers said on Sunday it would acquire Varian Medical Systems Inc in a deal that values the U.S. maker of devices and software for cancer treatments at $16.4 billion.

Under the agreed transaction, Siemens Healthineers will acquire all shares in Varian for $177.50 each in cash, representing a 24% premium to the U.S. company's closing price on Friday. Industrial conglomerate Siemens, which spun off Healthineers in 2018 but retains a controlling stake, will.....

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